Masso Torrence Wealth Management Inc. Purchases 2,331 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Masso Torrence Wealth Management Inc. grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 181.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,618 shares of the company’s stock after acquiring an additional 2,331 shares during the quarter. Masso Torrence Wealth Management Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $761,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Fulcrum Equity Management increased its position in Invesco NASDAQ 100 ETF by 3.3% in the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after purchasing an additional 56 shares during the last quarter. Ridgecrest Wealth Partners LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 4.4% in the 3rd quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock worth $288,000 after buying an additional 60 shares in the last quarter. Sugarloaf Wealth Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 3.4% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock worth $431,000 after buying an additional 68 shares during the last quarter. Northstar Group Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 5.4% during the 3rd quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock valued at $271,000 after buying an additional 69 shares in the last quarter. Finally, Zhang Financial LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 2.8% in the 3rd quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock valued at $517,000 after acquiring an additional 70 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $214.70 on Wednesday. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $221.92. The business’s 50 day moving average is $213.30 and its two-hundred day moving average is $203.07. The stock has a market capitalization of $41.98 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.3103 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco NASDAQ 100 ETF Company Profile

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.