Rollins Financial Advisors LLC Acquires 7,553 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Rollins Financial Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,220 shares of the company’s stock after buying an additional 7,553 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 1.9% of Rollins Financial Advisors LLC’s investment portfolio, making the stock its 11th largest position. Rollins Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $12,042,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in QQQM. Calton & Associates Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 2.0% during the 4th quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock valued at $490,000 after buying an additional 46 shares in the last quarter. Montag A & Associates Inc. raised its stake in Invesco NASDAQ 100 ETF by 15.5% during the 4th quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock worth $78,000 after acquiring an additional 50 shares during the period. Fulcrum Equity Management lifted its holdings in Invesco NASDAQ 100 ETF by 3.3% during the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after purchasing an additional 56 shares in the last quarter. Robertson Stephens Wealth Management LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock worth $654,000 after purchasing an additional 56 shares during the period. Finally, Proactive Wealth Strategies LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 1.4% in the fourth quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock worth $886,000 after purchasing an additional 59 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $174.28 on Monday. Invesco NASDAQ 100 ETF has a one year low of $168.90 and a one year high of $222.64. The company’s fifty day moving average price is $206.47 and its 200-day moving average price is $207.81. The company has a market capitalization of $35.58 billion, a price-to-earnings ratio of 30.31 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.3176 dividend. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date was Monday, March 24th.

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.