Tobias Financial Advisors Inc. Lowers Holdings in Invesco NASDAQ 100 ETF $QQQM

Tobias Financial Advisors Inc. decreased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 155,847 shares of the company’s stock after selling 2,584 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 5.6% of Tobias Financial Advisors Inc.’s holdings, making the stock its 4th biggest holding. Tobias Financial Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $39,417,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Venture Visionary Partners LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth about $982,000. Retirement Financial Solutions LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth about $17,543,000. SHUTTLEWORTH & Co grew its holdings in Invesco NASDAQ 100 ETF by 9.0% during the 4th quarter. SHUTTLEWORTH & Co now owns 14,141 shares of the company’s stock worth $3,577,000 after acquiring an additional 1,170 shares during the last quarter. Mariner LLC grew its holdings in Invesco NASDAQ 100 ETF by 7.5% during the 4th quarter. Mariner LLC now owns 457,299 shares of the company’s stock worth $115,660,000 after acquiring an additional 31,951 shares during the last quarter. Finally, Motiv8 Investments LLC grew its holdings in Invesco NASDAQ 100 ETF by 0.5% during the 4th quarter. Motiv8 Investments LLC now owns 9,410 shares of the company’s stock worth $2,380,000 after acquiring an additional 47 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $297.01 on Monday. Invesco NASDAQ 100 ETF has a 12 month low of $215.55 and a 12 month high of $308.21. The company’s 50-day moving average price is $280.33 and its two-hundred day moving average price is $261.60. The firm has a market cap of $89.16 billion, a P/E ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.3277 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.