Retirement Financial Solutions LLC Sells 43,029 Shares of Invesco NASDAQ 100 ETF $QQQM

Retirement Financial Solutions LLC lessened its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 62.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 26,332 shares of the company’s stock after selling 43,029 shares during the quarter. Invesco NASDAQ 100 ETF comprises 1.8% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 20th biggest position. Retirement Financial Solutions LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,257,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Garner Asset Management Corp purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $25,000. Imprint Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth approximately $31,000. SJS Investment Consulting Inc. bought a new position in shares of Invesco NASDAQ 100 ETF in the first quarter worth approximately $40,000. Osbon Capital Management LLC purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $41,000. Finally, Bank & Trust Co purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $46,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $293.42 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $226.25 and a 1 year high of $308.21. The firm has a market cap of $98.04 billion, a PE ratio of 31.95 and a beta of 1.22. The company has a 50 day simple moving average of $293.32 and a two-hundred day simple moving average of $266.06.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.3522 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.41 annualized dividend and a dividend yield of 0.5%.

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.