Retirement Financial Solutions LLC Trims Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Retirement Financial Solutions LLC decreased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 62.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,332 shares of the company’s stock after selling 43,029 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 1.8% of Retirement Financial Solutions LLC’s portfolio, making the stock its 20th biggest holding. Retirement Financial Solutions LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,257,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Revisor Wealth Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 6.4% during the 1st quarter. Revisor Wealth Management LLC now owns 3,434 shares of the company’s stock valued at $816,000 after purchasing an additional 206 shares during the period. Koshinski Asset Management Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 6.6% during the 1st quarter. Koshinski Asset Management Inc. now owns 8,124 shares of the company’s stock worth $1,931,000 after purchasing an additional 502 shares in the last quarter. Hunter Associates Investment Management LLC boosted its stake in Invesco NASDAQ 100 ETF by 3.2% in the 1st quarter. Hunter Associates Investment Management LLC now owns 91,849 shares of the company’s stock worth $21,792,000 after purchasing an additional 2,865 shares during the period. Beacon Financial Advisory LLC grew its holdings in Invesco NASDAQ 100 ETF by 176.1% during the 1st quarter. Beacon Financial Advisory LLC now owns 3,655 shares of the company’s stock valued at $868,000 after buying an additional 2,331 shares in the last quarter. Finally, Evolution Wealth Management Inc. grew its holdings in Invesco NASDAQ 100 ETF by 78.4% during the 1st quarter. Evolution Wealth Management Inc. now owns 13,258 shares of the company’s stock valued at $3,150,000 after buying an additional 5,828 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $293.42 on Friday. The business’s 50-day moving average price is $293.32 and its 200-day moving average price is $266.06. Invesco NASDAQ 100 ETF has a twelve month low of $226.25 and a twelve month high of $308.21. The stock has a market cap of $98.04 billion, a PE ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.3522 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.41 annualized dividend and a yield of 0.5%.

Invesco NASDAQ 100 ETF 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.