Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Oliver Lagore Vanvalin Investment Group’s 10th Largest Position

Oliver Lagore Vanvalin Investment Group boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 100.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,166 shares of the company’s stock after buying an additional 16,140 shares during the period. Invesco NASDAQ 100 ETF accounts for about 2.0% of Oliver Lagore Vanvalin Investment Group’s investment portfolio, making the stock its 10th biggest holding. Oliver Lagore Vanvalin Investment Group’s holdings in Invesco NASDAQ 100 ETF were worth $5,421,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Whitaker Myers Wealth Managers LTD. lifted its stake in Invesco NASDAQ 100 ETF by 32.4% in the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 102,113 shares of the company’s stock worth $17,210,000 after purchasing an additional 24,984 shares in the last quarter. IFG Advisory LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 23.7% during the 4th quarter. IFG Advisory LLC now owns 5,011 shares of the company’s stock worth $845,000 after buying an additional 961 shares during the last quarter. Next Capital Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 3.6% during the 4th quarter. Next Capital Management LLC now owns 1,804 shares of the company’s stock worth $304,000 after buying an additional 62 shares during the last quarter. AdvisorNet Financial Inc increased its holdings in shares of Invesco NASDAQ 100 ETF by 158.7% during the 4th quarter. AdvisorNet Financial Inc now owns 21,493 shares of the company’s stock worth $3,622,000 after buying an additional 13,184 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $65,475,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM traded down $0.74 during trading on Thursday, hitting $174.49. The company’s stock had a trading volume of 1,412,165 shares, compared to its average volume of 1,859,206. The business has a 50 day moving average price of $180.37 and a two-hundred day moving average price of $167.65. The company has a market capitalization of $22.21 billion, a PE ratio of 35.17 and a beta of 1.28. Invesco NASDAQ 100 ETF has a fifty-two week low of $127.47 and a fifty-two week high of $184.88.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a $0.3454 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.38 annualized dividend and a dividend yield of 0.79%.

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.