Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stock Position Boosted by Rooted Wealth Advisors Inc.

Rooted Wealth Advisors Inc. raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,894 shares of the company’s stock after buying an additional 2,072 shares during the period. Invesco NASDAQ 100 ETF makes up 1.8% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 14th biggest position. Rooted Wealth Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $4,644,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Strategic Financial Concepts LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 26,756.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after acquiring an additional 6,174,281 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives boosted its stake in Invesco NASDAQ 100 ETF by 260.2% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock valued at $476,014,000 after purchasing an additional 1,712,000 shares in the last quarter. IMC Chicago LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $208,737,000. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Invesco NASDAQ 100 ETF by 13.9% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock worth $1,240,851,000 after buying an additional 754,700 shares in the last quarter. Finally, Main Management Fund Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at $65,598,000.

Invesco NASDAQ 100 ETF Stock Up 1.4 %

NASDAQ:QQQM opened at $220.61 on Friday. The business’s 50-day moving average price is $214.85 and its 200 day moving average price is $204.61. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $221.92. The firm has a market cap of $43.81 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.3103 dividend. The ex-dividend date was Monday, December 23rd.

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.