FourThought Financial Partners LLC Has $3 Million Position in Invesco NASDAQ 100 ETF $QQQM

FourThought Financial Partners LLC boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 29.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,877 shares of the company’s stock after purchasing an additional 2,723 shares during the quarter. FourThought Financial Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,004,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Global Retirement Partners LLC grew its position in Invesco NASDAQ 100 ETF by 18.9% in the 4th quarter. Global Retirement Partners LLC now owns 120,329 shares of the company’s stock valued at $30,434,000 after purchasing an additional 19,114 shares during the period. Prevail Innovative Wealth Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF by 21.3% during the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 38,423 shares of the company’s stock worth $9,718,000 after acquiring an additional 6,754 shares during the last quarter. Reliant Investment Partners LLC boosted its holdings in Invesco NASDAQ 100 ETF by 7.3% during the 4th quarter. Reliant Investment Partners LLC now owns 9,149 shares of the company’s stock worth $2,314,000 after acquiring an additional 624 shares during the last quarter. IFP Advisors Inc boosted its holdings in Invesco NASDAQ 100 ETF by 54.3% during the 4th quarter. IFP Advisors Inc now owns 24,476 shares of the company’s stock worth $6,190,000 after acquiring an additional 8,614 shares during the last quarter. Finally, Seros Financial LLC boosted its holdings in Invesco NASDAQ 100 ETF by 217.7% during the 4th quarter. Seros Financial LLC now owns 3,495 shares of the company’s stock worth $884,000 after acquiring an additional 2,395 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $293.63 on Thursday. The company has a market capitalization of $88.14 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21. The firm’s fifty day moving average price is $261.23 and its two-hundred day moving average price is $256.01. Invesco NASDAQ 100 ETF has a 1 year low of $208.18 and a 1 year high of $297.29.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.3277 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.