Redhawk Wealth Advisors Inc. Has $4.47 Million Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Redhawk Wealth Advisors Inc. lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,241 shares of the company’s stock after purchasing an additional 1,304 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $4,470,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Fulcrum Equity Management raised its stake 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 valued at $349,000 after buying an additional 56 shares during the period. Ridgecrest Wealth Partners LLC lifted its position in Invesco NASDAQ 100 ETF by 4.4% during the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock worth $288,000 after purchasing an additional 60 shares during the period. Sugarloaf Wealth Management LLC boosted 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 valued at $431,000 after purchasing an additional 68 shares in the last quarter. Northstar Group Inc. increased its position in Invesco NASDAQ 100 ETF by 5.4% during the 3rd quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock worth $271,000 after purchasing an additional 69 shares in the last quarter. Finally, Zhang Financial LLC increased its holdings in Invesco NASDAQ 100 ETF by 2.8% in the 3rd quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock worth $517,000 after purchasing an additional 70 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 2.3 %

NASDAQ QQQM opened at $212.70 on Thursday. The company has a market capitalization of $39.38 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The stock has a fifty day simple moving average of $212.32 and a 200 day simple moving average of $202.36. Invesco NASDAQ 100 ETF has a twelve month low of $165.86 and a twelve month high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

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

Invesco NASDAQ 100 ETF 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.