Tobias Financial Advisors Inc. Has $33.74 Million Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Tobias Financial Advisors Inc. grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,333 shares of the company’s stock after buying an additional 568 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 6.8% of Tobias Financial Advisors Inc.’s holdings, making the stock its 2nd largest position. Tobias Financial Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $33,742,000 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 QQQM. Barclays PLC lifted its holdings in Invesco NASDAQ 100 ETF by 4,489.8% in the third quarter. Barclays PLC now owns 21,113 shares of the company’s stock valued at $4,241,000 after acquiring an additional 20,653 shares during the period. Westside Investment Management Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 17.0% during the 3rd quarter. Westside Investment Management Inc. now owns 11,333 shares of the company’s stock valued at $2,270,000 after purchasing an additional 1,650 shares during the last quarter. Aldebaran Financial Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $780,000. Anchor Investment Management LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 28.9% in the 3rd quarter. Anchor Investment Management LLC now owns 36,009 shares of the company’s stock worth $7,232,000 after purchasing an additional 8,073 shares during the period. Finally, Fulcrum Equity Management boosted its holdings in shares of Invesco NASDAQ 100 ETF by 3.3% in the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after buying an additional 56 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Down 3.0 %

Shares of QQQM stock opened at $182.90 on Thursday. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $222.64. The stock has a market cap of $37.78 billion, a P/E ratio of 30.31 and a beta of 1.18. The company has a 50 day simple moving average of $200.07 and a two-hundred day simple moving average of $206.50.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.3176 dividend. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, March 24th.

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.