Invesco NASDAQ 100 ETF $QQQM Stock Position Boosted by Rollins Financial Advisors LLC

Rollins Financial Advisors LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,434 shares of the company’s stock after acquiring an additional 2,891 shares during the period. Invesco NASDAQ 100 ETF accounts for 2.6% of Rollins Financial Advisors LLC’s holdings, making the stock its 10th largest position. Rollins Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $16,911,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Bison Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth $393,000. Capstone Wealth Management Group LLC raised its position in shares of Invesco NASDAQ 100 ETF by 9.6% in the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after buying an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF by 1.6% in the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after buying an additional 819 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the first quarter worth about $742,000. Finally, Valeo Financial Advisors LLC acquired a new position in Invesco NASDAQ 100 ETF during the second quarter worth about $534,000.

Invesco NASDAQ 100 ETF Trading Up 1.1%

Shares of NASDAQ QQQM opened at $250.31 on Wednesday. The stock has a market cap of $71.80 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23. The company has a 50-day moving average of $253.68 and a 200 day moving average of $249.47.

Invesco NASDAQ 100 ETF Increases Dividend

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

Invesco NASDAQ 100 ETF Company 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.