Elios Financial Group Inc. Has $9.06 Million Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Elios Financial Group Inc. decreased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.2% during the 4th quarter, HoldingsChannel reports. The firm owned 43,036 shares of the company’s stock after selling 71 shares during the period. Invesco NASDAQ 100 ETF comprises 4.3% of Elios Financial Group Inc.’s holdings, making the stock its 4th largest position. Elios Financial Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $9,057,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quantinno Capital Management LP bought a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $385,000. Kovitz Investment Group Partners LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $601,000. Barclays PLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 4,489.8% in the 3rd quarter. Barclays PLC now owns 21,113 shares of the company’s stock worth $4,241,000 after purchasing an additional 20,653 shares in the last quarter. Arete Wealth Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF by 98.5% during the third quarter. Arete Wealth Advisors LLC now owns 7,875 shares of the company’s stock worth $1,573,000 after buying an additional 3,908 shares in the last quarter. Finally, Hobbs Group Advisors LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 257.1% in the third quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after buying an additional 180 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 4.1 %

Shares of NASDAQ QQQM opened at $183.75 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $222.64. The business has a fifty day simple moving average of $202.46 and a 200-day simple moving average of $206.93. The company has a market cap of $37.52 billion, a price-to-earnings ratio of 30.31 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.3176 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, March 24th.

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.