Roundview Capital LLC Has $13.03 Million Position in Invesco NASDAQ 100 ETF $QQQM

Roundview Capital LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,524 shares of the company’s stock after buying an additional 2,762 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 0.8% of Roundview Capital LLC’s portfolio, making the stock its 27th largest holding. Roundview Capital LLC’s holdings in Invesco NASDAQ 100 ETF were worth $13,032,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in QQQM. Garner Asset Management Corp bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $25,000. New Millennium Group LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $31,000. Abich Financial Wealth Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $31,000. Finally, Bank & Trust Co bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $46,000.

Invesco NASDAQ 100 ETF Trading Up 1.8%

Shares of Invesco NASDAQ 100 ETF stock opened at $300.68 on Wednesday. The firm has a market capitalization of $90.26 billion, a PE ratio of 31.95 and a beta of 1.21. The firm’s 50 day moving average is $265.13 and its 200 day moving average is $257.10. Invesco NASDAQ 100 ETF has a 1 year low of $210.80 and a 1 year high of $301.05.

Invesco NASDAQ 100 ETF Increases Dividend

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

About Invesco NASDAQ 100 ETF

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.