Invesco NASDAQ 100 ETF $QQQM is Solitude Financial Services’ 9th Largest Position

Solitude Financial Services grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,127 shares of the company’s stock after purchasing an additional 2,379 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 3.0% of Solitude Financial Services’ holdings, making the stock its 9th largest position. Solitude Financial Services’ holdings in Invesco NASDAQ 100 ETF were worth $10,008,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of QQQM. Avaii Wealth Management LLC raised its position 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 buying an additional 40 shares during the last quarter. Archer Investment Corp lifted its position in shares of Invesco NASDAQ 100 ETF by 2.0% during the fourth quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after purchasing an additional 44 shares in the last quarter. Jacobi Capital Management LLC boosted its holdings in Invesco NASDAQ 100 ETF by 3.4% during the fourth quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock worth $336,000 after purchasing an additional 44 shares during the last quarter. Foresight Capital Management Advisors Inc. grew its position 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 worth $270,000 after purchasing an additional 47 shares in the last quarter. Finally, Motiv8 Investments LLC increased its stake 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 buying an additional 47 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $304.52 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $215.55 and a 52 week high of $308.21. The company’s 50 day moving average price is $286.28 and its two-hundred day moving average price is $263.28. The stock has a market cap of $91.41 billion, a P/E ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be issued a dividend of $0.3522 per share. The ex-dividend date is Monday, June 22nd.

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.