SFG Wealth Management LLC. Buys 10,660 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Amber O'Connor on Jan 20th, 2025

SFG Wealth Management LLC. lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 299.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,223 shares of the company’s stock after purchasing an additional 10,660 shares during the period. Invesco NASDAQ 100 ETF accounts for about 1.6% of SFG Wealth Management LLC.’s investment portfolio, making the stock its 12th biggest holding. SFG Wealth Management LLC.’s holdings in Invesco NASDAQ 100 ETF were worth $2,993,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of QQQM. Financial Management Professionals Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $25,000. Massmutual Trust Co. FSB ADV purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter worth $29,000. Legacy Investment Solutions LLC bought a new position in Invesco NASDAQ 100 ETF in the third quarter worth $31,000. Kieckhefer Group LLC purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at $32,000. Finally, Mendota Financial Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $40,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $214.78 on Monday. The firm’s 50-day moving average price is $212.38 and its 200-day moving average price is $202.55. The company has a market capitalization of $39.76 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $168.46 and a 1-year high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco NASDAQ 100 ETF

(Free Report)

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.