Orion Porfolio Solutions LLC Has $20.19 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Orion Porfolio Solutions LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,708 shares of the company’s stock after acquiring an additional 3,420 shares during the period. Orion Porfolio Solutions LLC’s holdings in Invesco NASDAQ 100 ETF were worth $20,192,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of QQQM. IFG Advisory LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 10.3% during the 3rd quarter. IFG Advisory LLC now owns 23,173 shares of the company’s stock valued at $5,727,000 after purchasing an additional 2,173 shares in the last quarter. Rock Point Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $235,000. Insigneo Advisory Services LLC raised its holdings in Invesco NASDAQ 100 ETF by 38.8% during the 3rd quarter. Insigneo Advisory Services LLC now owns 2,657 shares of the company’s stock worth $657,000 after buying an additional 743 shares during the period. Great Lakes Retirement Inc. lifted its stake in Invesco NASDAQ 100 ETF by 8.4% in the third quarter. Great Lakes Retirement Inc. now owns 19,149 shares of the company’s stock valued at $4,732,000 after buying an additional 1,485 shares in the last quarter. Finally, Fiduciary Group LLC lifted its stake in Invesco NASDAQ 100 ETF by 22.0% in the third quarter. Fiduciary Group LLC now owns 1,833 shares of the company’s stock valued at $453,000 after buying an additional 330 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.5%

Invesco NASDAQ 100 ETF stock opened at $251.37 on Thursday. The company has a 50 day moving average of $253.36 and a 200-day moving average of $249.92. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $262.23. The stock has a market capitalization of $72.10 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.323 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 22nd. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%.

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.