Invesco NASDAQ 100 ETF $QQQM Stock Holdings Increased by Rollins Financial Advisors LLC

Rollins Financial Advisors LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 16.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,408 shares of the company’s stock after acquiring an additional 10,974 shares during the quarter. 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 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Avaii Wealth Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 2.8% in the fourth quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock valued at $370,000 after acquiring an additional 40 shares in the last quarter. Twin Peaks Wealth Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 0.7% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 5,789 shares of the company’s stock valued at $1,429,000 after acquiring an additional 43 shares in the last quarter. Archer Investment Corp lifted its position in shares of Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after acquiring an additional 44 shares in the last quarter. Modera Wealth Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 1.2% in the third quarter. Modera Wealth Management LLC now owns 3,920 shares of the company’s stock valued at $969,000 after acquiring an additional 46 shares in the last quarter. Finally, Foresight Capital Management Advisors Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 4.6% in the fourth quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock valued at $270,000 after acquiring an additional 47 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.9%

Shares of NASDAQ:QQQM opened at $291.14 on Wednesday. Invesco NASDAQ 100 ETF has a 52-week low of $208.18 and a 52-week high of $294.22. The stock’s fifty day simple moving average is $256.06 and its 200-day simple moving average is $254.52. The company has a market capitalization of $87.39 billion, a P/E ratio of 31.95 and a beta of 1.21.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.3277 per share. This represents a $1.31 annualized dividend and a yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. 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.