Retirement Planning Group LLC NY Buys 3,660 Shares of Invesco NASDAQ 100 ETF $QQQM

Retirement Planning Group LLC NY grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 31.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,322 shares of the company’s stock after buying an additional 3,660 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 2.8% of Retirement Planning Group LLC NY’s investment portfolio, making the stock its 13th biggest position. Retirement Planning Group LLC NY’s holdings in Invesco NASDAQ 100 ETF were worth $3,786,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $28,000. Pflug Koory LLC purchased a new stake in Invesco NASDAQ 100 ETF in the second quarter worth approximately $32,000. PrairieView Partners LLC grew its position in Invesco NASDAQ 100 ETF by 400.0% during the second quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock valued at $37,000 after acquiring an additional 132 shares during the last quarter. Mather Group LLC. purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $42,000. Finally, Rosenberg Matthew Hamilton bought a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $43,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $255.11 on Thursday. The firm has a market cap of $70.95 billion, a P/E ratio of 31.95 and a beta of 1.16. The firm’s fifty day moving average is $253.59 and its 200 day moving average is $244.84. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.323 dividend. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%.

About Invesco NASDAQ 100 ETF

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.