Patriot Financial Group Insurance Agency LLC Raises Stake in Invesco NASDAQ 100 ETF $QQQM

Patriot Financial Group Insurance Agency LLC lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 83.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,018 shares of the company’s stock after purchasing an additional 10,913 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,707,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in QQQM. Avaii Wealth Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 2.8% during the 4th quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock worth $370,000 after acquiring an additional 40 shares in the last quarter. Archer Investment Corp increased its stake in Invesco NASDAQ 100 ETF by 2.0% in the 4th quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after purchasing an additional 44 shares in the last quarter. Jacobi Capital Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 3.4% during the fourth quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock worth $336,000 after purchasing an additional 44 shares during the last quarter. Blue Trust Inc. raised its holdings in Invesco NASDAQ 100 ETF by 7.3% during the first quarter. Blue Trust Inc. now owns 680 shares of the company’s stock worth $162,000 after purchasing an additional 46 shares during the last quarter. Finally, Foresight Capital Management Advisors Inc. boosted its position in Invesco NASDAQ 100 ETF by 4.6% during the fourth quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock worth $270,000 after purchasing an additional 47 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $290.95 on Friday. The company has a market cap of $87.34 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a one year low of $224.15 and a one year high of $308.21. The business’s fifty day moving average is $290.23 and its two-hundred day moving average is $264.64.

Invesco NASDAQ 100 ETF Dividend Announcement

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

Invesco NASDAQ 100 ETF Company 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.