FourThought Financial Partners LLC Has $3 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

FourThought Financial Partners LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 29.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,877 shares of the company’s stock after buying an additional 2,723 shares during the quarter. FourThought Financial Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,004,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Garner Asset Management Corp acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $25,000. New Millennium Group LLC grew its position in shares of Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after buying an additional 94 shares during the period. Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $31,000. Imprint Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $31,000. Finally, Bank & Trust Co acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $46,000.

Invesco NASDAQ 100 ETF Stock Up 1.7%

Shares of QQQM stock opened at $293.63 on Thursday. The company has a market cap of $88.14 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a 52 week low of $208.18 and a 52 week high of $297.29. The firm has a 50 day moving average of $261.23 and a 200-day moving average of $256.01.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.