Florida Financial Advisors LLC Acquires 7,252 Shares of Invesco NASDAQ 100 ETF $QQQM

Florida Financial Advisors LLC increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 71.0% during the first quarter, according to its most recent filing with the SEC. The fund owned 17,461 shares of the company’s stock after buying an additional 7,252 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 1.0% of Florida Financial Advisors LLC’s portfolio, making the stock its 18th largest holding. Florida Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,150,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in QQQM. Garner Asset Management Corp purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at about $25,000. Imprint Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $31,000. SJS Investment Consulting Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $40,000. Osbon Capital Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $41,000. Finally, Bank & Trust Co bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $46,000.

Invesco NASDAQ 100 ETF Trading Up 0.1%

Invesco NASDAQ 100 ETF stock opened at $286.58 on Tuesday. The business’s 50 day simple moving average is $296.41 and its 200 day simple moving average is $269.21. Invesco NASDAQ 100 ETF has a 12 month low of $227.00 and a 12 month high of $308.21. The company has a market cap of $96.75 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared 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. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

About Invesco NASDAQ 100 ETF

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.