Invesco NASDAQ 100 ETF $QQQM Stock Holdings Raised by Root Financial Partners LLC

Root Financial Partners LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 100.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,616 shares of the company’s stock after purchasing an additional 5,308 shares during the period. Root Financial Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,523,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after acquiring an additional 3,005,140 shares during the last quarter. Principia Wealth Advisory LLC lifted its stake in Invesco NASDAQ 100 ETF by 1,615.9% during the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after purchasing an additional 899,154 shares during the last quarter. Bouchey Financial Group Ltd lifted its stake in Invesco NASDAQ 100 ETF by 68,507.2% during the fourth quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after purchasing an additional 587,107 shares during the last quarter. Royal Bank of Canada boosted its holdings in Invesco NASDAQ 100 ETF by 62.9% in the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after purchasing an additional 497,004 shares during the period. Finally, Invesco Ltd. boosted its holdings in Invesco NASDAQ 100 ETF by 4.2% in the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after purchasing an additional 468,626 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $298.61 on Thursday. The company’s fifty day moving average is $292.28 and its two-hundred day moving average is $265.58. Invesco NASDAQ 100 ETF has a 1-year low of $224.80 and a 1-year high of $308.21. The stock has a market capitalization of $99.90 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was 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.