Strategent Financial LLC Boosts Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Strategent Financial LLC lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.4% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,273 shares of the company’s stock after buying an additional 2,770 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 7.5% of Strategent Financial LLC’s portfolio, making the stock its 3rd biggest holding. Strategent Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $10,995,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QQQM. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of Invesco NASDAQ 100 ETF by 3,234.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after acquiring an additional 3,005,140 shares during the last quarter. Principia Wealth Advisory LLC boosted its position in Invesco NASDAQ 100 ETF by 1,615.9% in the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after purchasing an additional 899,154 shares during the last quarter. Bouchey Financial Group Ltd boosted its position in Invesco NASDAQ 100 ETF by 68,507.2% in the fourth quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after purchasing an additional 587,107 shares during the last quarter. Royal Bank of Canada boosted its position in Invesco NASDAQ 100 ETF by 62.9% in the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after purchasing an additional 497,004 shares during the last quarter. Finally, Invesco Ltd. grew its stake in Invesco NASDAQ 100 ETF by 4.2% in the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after purchasing an additional 468,626 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $292.05 on Thursday. Invesco NASDAQ 100 ETF has a 1 year low of $222.07 and a 1 year high of $308.21. The firm has a market cap of $87.67 billion, a PE ratio of 31.95 and a beta of 1.23. The stock has a fifty day moving average price of $288.94 and a 200-day moving average price of $264.19.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be issued a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, June 22nd.

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.