Root Financial Partners LLC Sells 9,096 Shares of Invesco NASDAQ 100 ETF $QQQM

Root Financial Partners LLC decreased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 63.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,308 shares of the company’s stock after selling 9,096 shares during the period. Root Financial Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,343,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of QQQM. Garner Asset Management Corp bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $25,000. New Millennium Group LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 671.4% in the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after acquiring an additional 94 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $31,000. Imprint Wealth LLC acquired a new position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $31,000. Finally, Bank & Trust Co acquired a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at about $46,000.

Invesco NASDAQ 100 ETF Trading Up 0.6%

Shares of QQQM opened at $305.82 on Tuesday. The company has a market capitalization of $91.80 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21. The stock has a 50 day moving average of $269.69 and a 200 day moving average of $258.49. Invesco NASDAQ 100 ETF has a 12 month low of $212.46 and a 12 month high of $306.98.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a $0.3277 dividend. The ex-dividend date was Monday, March 23rd. This represents a $1.31 annualized dividend and a yield of 0.4%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

Invesco NASDAQ 100 ETF Company Profile

(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.

See Also

Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Receive News & Ratings for Invesco NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.