Valued Retirements Inc. Raises Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Valued Retirements Inc. boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 161.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,940 shares of the company’s stock after acquiring an additional 2,434 shares during the quarter. Invesco NASDAQ 100 ETF comprises 1.1% of Valued Retirements Inc.’s holdings, making the stock its 24th largest holding. Valued Retirements Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $829,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Financial Management Professionals Inc. acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at about $25,000. Legacy Investment Solutions LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. Kieckhefer Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $32,000. Blue Trust Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $49,000. Finally, Hobbs Group Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF by 257.1% in the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after purchasing an additional 180 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 2.4 %

NASDAQ:QQQM opened at $197.48 on Monday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64. The stock’s fifty day moving average is $211.99 and its two-hundred day moving average is $207.50. The stock has a market capitalization of $39.70 billion, a price-to-earnings ratio of 30.79 and a beta of 1.15.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.3103 per share. The ex-dividend date was Monday, December 23rd.

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.