Retirement Financial Solutions LLC Buys Shares of 69,361 Invesco NASDAQ 100 ETF $QQQM

Retirement Financial Solutions LLC bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) during the 4th quarter, Holdings Channel reports. The firm bought 69,361 shares of the company’s stock, valued at approximately $17,543,000. Invesco NASDAQ 100 ETF accounts for about 5.1% of Retirement Financial Solutions LLC’s portfolio, making the stock its 7th largest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Avaii Wealth Management LLC boosted its holdings in Invesco NASDAQ 100 ETF by 2.8% in the 4th quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock valued at $370,000 after purchasing an additional 40 shares during the last quarter. Archer Investment Corp boosted its holdings in Invesco NASDAQ 100 ETF by 2.0% in the 4th quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after purchasing an additional 44 shares during the last quarter. Jacobi Capital Management LLC boosted its holdings in Invesco NASDAQ 100 ETF by 3.4% in the 4th quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock valued at $336,000 after purchasing an additional 44 shares during the last quarter. Foresight Capital Management Advisors Inc. boosted its holdings in Invesco NASDAQ 100 ETF by 4.6% in the 4th quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock valued at $270,000 after purchasing an additional 47 shares during the last quarter. Finally, Motiv8 Investments LLC boosted its holdings in Invesco NASDAQ 100 ETF by 0.5% in the 4th quarter. Motiv8 Investments LLC now owns 9,410 shares of the company’s stock valued at $2,380,000 after purchasing an additional 47 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $297.01 on Monday. The firm has a market capitalization of $89.16 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The company’s 50-day moving average is $280.33 and its two-hundred day moving average is $261.60. Invesco NASDAQ 100 ETF has a 1-year low of $215.55 and a 1-year high of $308.21.

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 issued a $0.3277 dividend. This represents a $1.31 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

Invesco NASDAQ 100 ETF 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

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

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