Strategent Financial LLC Has $10.99 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Strategent Financial LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,273 shares of the company’s stock after purchasing an additional 2,770 shares during the period. Invesco NASDAQ 100 ETF accounts for 7.5% of Strategent Financial LLC’s investment portfolio, making the stock its 3rd biggest holding. Strategent Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $10,995,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Lord & Richards Wealth Management LLC lifted its stake in Invesco NASDAQ 100 ETF by 4.9% in the first quarter. Lord & Richards Wealth Management LLC now owns 4,756 shares of the company’s stock valued at $1,130,000 after purchasing an additional 222 shares during the last quarter. Blue Trust Inc. increased its position in Invesco NASDAQ 100 ETF by 7.3% in the first quarter. Blue Trust Inc. now owns 680 shares of the company’s stock worth $162,000 after buying an additional 46 shares during the last quarter. Fifth Third Wealth Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF in the first quarter worth $386,000. Brandywine Oak Private Wealth LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 0.7% in the first quarter. Brandywine Oak Private Wealth LLC now owns 8,540 shares of the company’s stock valued at $2,029,000 after buying an additional 62 shares during the period. Finally, Centennial Wealth Advisory LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 90.4% in the first quarter. Centennial Wealth Advisory LLC now owns 24,383 shares of the company’s stock valued at $5,794,000 after buying an additional 11,580 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $292.05 on Thursday. Invesco NASDAQ 100 ETF has a one year low of $222.07 and a one year high of $308.21. The business’s fifty day moving average price is $288.94 and its 200-day moving average price is $264.19. The stock has a market capitalization of $87.67 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be paid a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, June 22nd.

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.