Elios Financial Group Inc. Sells 71 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Elios Financial Group Inc. lessened its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 43,036 shares of the company’s stock after selling 71 shares during the period. Invesco NASDAQ 100 ETF makes up 4.3% of Elios Financial Group Inc.’s investment portfolio, making the stock its 4th largest holding. Elios Financial Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $9,057,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in QQQM. Seneschal Advisors LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $327,000. Solano Wealth Investment Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at about $15,884,000. Scotia Capital Inc. purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $218,000. Kraft Davis & Associates LLC raised its position in shares of Invesco NASDAQ 100 ETF by 25.6% in the 4th quarter. Kraft Davis & Associates LLC now owns 2,375 shares of the company’s stock worth $516,000 after buying an additional 484 shares during the period. Finally, TRUE Private Wealth Advisors lifted its stake in shares of Invesco NASDAQ 100 ETF by 65.2% in the 4th quarter. TRUE Private Wealth Advisors now owns 2,067 shares of the company’s stock valued at $435,000 after purchasing an additional 816 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 4.1 %

Invesco NASDAQ 100 ETF stock opened at $183.75 on Friday. The firm has a fifty day moving average of $202.46 and a 200-day moving average of $206.93. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $222.64. The firm has a market capitalization of $37.52 billion, a P/E ratio of 30.31 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.3176 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, March 24th.

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.