Rollins Financial Advisors LLC Acquires 10,974 Shares of Invesco NASDAQ 100 ETF $QQQM

Rollins Financial Advisors LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 16.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 79,408 shares of the company’s stock after purchasing an additional 10,974 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 2.9% of Rollins Financial Advisors LLC’s portfolio, making the stock its 9th biggest holding. Rollins Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $20,084,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Bright Futures Wealth Management LLC. acquired a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at $617,000. Bank Hapoalim BM acquired a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at $35,091,000. Aspire Growth Partners LLC grew its holdings in Invesco NASDAQ 100 ETF by 12.4% in the third quarter. Aspire Growth Partners LLC now owns 24,952 shares of the company’s stock valued at $6,166,000 after purchasing an additional 2,747 shares during the last quarter. Drake & Associates LLC grew its holdings in Invesco NASDAQ 100 ETF by 4.7% in the third quarter. Drake & Associates LLC now owns 50,061 shares of the company’s stock valued at $12,845,000 after purchasing an additional 2,268 shares during the last quarter. Finally, Atria Investments Inc grew its holdings in Invesco NASDAQ 100 ETF by 6.1% in the third quarter. Atria Investments Inc now owns 57,028 shares of the company’s stock valued at $14,093,000 after purchasing an additional 3,275 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $291.14 on Wednesday. The firm has a market capitalization of $87.39 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a fifty-two week low of $208.18 and a fifty-two week high of $294.22. The stock’s fifty day moving average is $256.06 and its two-hundred day moving average is $254.52.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a $0.3277 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, March 23rd.

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.