Frank Rimerman Advisors LLC Raises Stake in Invesco NASDAQ 100 ETF $QQQM

Frank Rimerman Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 1.8% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 141,851 shares of the company’s stock after buying an additional 2,537 shares during the period. Invesco NASDAQ 100 ETF makes up 2.2% of Frank Rimerman Advisors LLC’s portfolio, making the stock its 9th largest holding. Frank Rimerman Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $33,707,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Garner Asset Management Corp bought a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $25,000. Imprint Wealth LLC bought a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at $31,000. SJS Investment Consulting Inc. bought a new position in Invesco NASDAQ 100 ETF during the 1st quarter worth $40,000. Osbon Capital Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth $41,000. Finally, Bank & Trust Co bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $46,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $292.87 on Thursday. Invesco NASDAQ 100 ETF has a 52 week low of $227.00 and a 52 week high of $308.21. The company has a market capitalization of $97.99 billion, a PE ratio of 31.95 and a beta of 1.22. The company’s 50-day simple moving average is $294.66 and its 200 day simple moving average is $267.10.

Invesco NASDAQ 100 ETF Announces Dividend

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

Invesco NASDAQ 100 ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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