Lido Advisors LLC Has $15.34 Million Stake in Invesco NASDAQ 100 ETF $QQQM

Lido Advisors LLC trimmed its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 45.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,708 shares of the company’s stock after selling 50,296 shares during the quarter. Lido Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $15,342,000 at the end of the most recent reporting period.

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

Invesco NASDAQ 100 ETF Trading Down 0.5%

NASDAQ QQQM opened at $304.94 on Friday. The firm has a market capitalization of $91.54 billion, a P/E ratio of 31.95 and a beta of 1.23. The business has a fifty day simple moving average of $273.60 and a 200 day simple moving average of $259.62. Invesco NASDAQ 100 ETF has a 12 month low of $215.26 and a 12 month high of $308.21.

Invesco NASDAQ 100 ETF Increases Dividend

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

About Invesco NASDAQ 100 ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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