AA Financial Advisors LLC Grows Position in Invesco NASDAQ 100 ETF $QQQM

AA Financial Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 178.2% during the 1st quarter, HoldingsChannel reports. The firm owned 15,604 shares of the company’s stock after acquiring an additional 9,996 shares during the period. AA Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,708,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QQQM. Migdal Insurance & Financial Holdings Ltd. grew its holdings in Invesco NASDAQ 100 ETF by 3,234.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after purchasing an additional 3,005,140 shares during the period. Principia Wealth Advisory LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 1,615.9% in the 4th 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 in the last quarter. Bouchey Financial Group Ltd boosted its position in shares of Invesco NASDAQ 100 ETF by 68,507.2% in the 4th 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 in the last quarter. Royal Bank of Canada grew its stake in shares of Invesco NASDAQ 100 ETF by 62.9% in the 4th quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after buying an additional 497,004 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Invesco NASDAQ 100 ETF by 4.2% in the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after buying an additional 468,626 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.8%

QQQM stock opened at $294.88 on Friday. Invesco NASDAQ 100 ETF has a twelve month low of $222.90 and a twelve month high of $308.21. The firm has a market cap of $88.52 billion, a PE ratio of 31.95 and a beta of 1.23. The business has a 50 day moving average of $289.66 and a 200 day moving average of $264.45.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be paid 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 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.