Retirement Planning Group LLC NY Increases Position in Invesco NASDAQ 100 ETF $QQQM

Retirement Planning Group LLC NY boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 18.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,851 shares of the company’s stock after purchasing an additional 3,218 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 3.2% of Retirement Planning Group LLC NY’s holdings, making the stock its 9th largest position. Retirement Planning Group LLC NY’s holdings in Invesco NASDAQ 100 ETF were worth $4,955,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Migdal Insurance & Financial Holdings Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 3,234.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after buying an additional 3,005,140 shares during the last quarter. Principia Wealth Advisory LLC grew its position in shares of Invesco NASDAQ 100 ETF by 1,615.9% during the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after acquiring an additional 899,154 shares during the last quarter. Bouchey Financial Group Ltd increased its holdings in shares of Invesco NASDAQ 100 ETF by 68,507.2% in the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after acquiring an additional 587,107 shares during the period. Royal Bank of Canada increased its holdings in shares of Invesco NASDAQ 100 ETF by 62.9% in the 4th quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after acquiring an additional 497,004 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Invesco NASDAQ 100 ETF by 4.2% in the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after acquiring an additional 468,626 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 1.3%

NASDAQ QQQM opened at $290.95 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $224.15 and a 52 week high of $308.21. The stock has a market cap of $87.34 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The company has a 50-day moving average price of $290.23 and a two-hundred day moving average price of $264.64.

Invesco NASDAQ 100 ETF Dividend Announcement

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

About Invesco NASDAQ 100 ETF

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.