Invesco NASDAQ 100 ETF $QQQM Stake Boosted by Solitude Financial Services

Solitude Financial Services increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,127 shares of the company’s stock after buying an additional 2,379 shares during the period. Invesco NASDAQ 100 ETF comprises about 3.0% of Solitude Financial Services’ holdings, making the stock its 9th biggest position. Solitude Financial Services’ holdings in Invesco NASDAQ 100 ETF were worth $10,008,000 as of its most recent filing with the SEC.

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

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $304.52 on Friday. The company has a market capitalization of $91.41 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The firm has a 50-day moving average price of $286.28 and a 200-day moving average price of $263.28. Invesco NASDAQ 100 ETF has a twelve month low of $215.55 and a twelve month high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be issued a $0.3522 dividend. The ex-dividend date of this dividend is Monday, June 22nd.

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.