Global Retirement Partners LLC Boosts Holdings in Invesco NASDAQ 100 ETF $QQQM

Global Retirement Partners LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 18.9% during the 4th quarter, HoldingsChannel reports. The fund owned 120,329 shares of the company’s stock after acquiring an additional 19,114 shares during the quarter. Global Retirement Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $30,434,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in QQQM. Garner Asset Management Corp purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $25,000. New Millennium Group LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 671.4% during the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after acquiring an additional 94 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000. Imprint Wealth LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000. Finally, Bank & Trust Co purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $46,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $293.63 on Thursday. The company has a market capitalization of $88.14 billion, a PE ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a one year low of $208.18 and a one year high of $297.29. The company’s 50 day moving average price is $261.23 and its two-hundred day moving average price is $256.01.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.3277 per share. This represents a $1.31 annualized dividend and a dividend yield of 0.4%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, March 23rd.

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.