Invesco NASDAQ 100 ETF $QQQM is Financial Partners Group Inc’s 6th Largest Position

Financial Partners Group Inc grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 9.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 129,530 shares of the company’s stock after buying an additional 10,730 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 4.0% of Financial Partners Group Inc’s portfolio, making the stock its 6th largest holding. Financial Partners Group Inc owned approximately 0.05% of Invesco NASDAQ 100 ETF worth $32,009,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Three Seasons Wealth LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $307,000. Worth Asset Management LLC raised its stake in Invesco NASDAQ 100 ETF by 4.8% in the third quarter. Worth Asset Management LLC now owns 20,770 shares of the company’s stock valued at $5,133,000 after purchasing an additional 943 shares in the last quarter. Sowell Financial Services LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 24.4% during the 3rd quarter. Sowell Financial Services LLC now owns 36,947 shares of the company’s stock worth $9,130,000 after acquiring an additional 7,247 shares during the last quarter. NovaPoint Capital LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter worth about $202,000. Finally, Carnegie Investment Counsel lifted its position in Invesco NASDAQ 100 ETF by 9.3% in the 3rd quarter. Carnegie Investment Counsel now owns 32,484 shares of the company’s stock worth $8,027,000 after buying an additional 2,776 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.0%

Invesco NASDAQ 100 ETF stock opened at $256.88 on Monday. The company has a market capitalization of $67.28 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $262.23. The firm has a fifty day simple moving average of $253.71 and a two-hundred day simple moving average of $241.78.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.323 dividend. This represents a $1.29 annualized dividend and a yield of 0.5%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 22nd.

Invesco NASDAQ 100 ETF Company 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.