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

Valued Retirements Inc. grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 161.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,940 shares of the company’s stock after buying an additional 2,434 shares during the quarter. Invesco NASDAQ 100 ETF comprises 1.1% of Valued Retirements Inc.’s portfolio, 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 filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. lifted its stake in Invesco NASDAQ 100 ETF by 60.8% in the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock worth $151,000 after acquiring an additional 284 shares during the last quarter. Sheaff Brock Investment Advisors LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth $204,000. Mount Lucas Management LP grew its stake in shares of Invesco NASDAQ 100 ETF by 28.6% during the third quarter. Mount Lucas Management LP now owns 10,158 shares of the company’s stock worth $2,040,000 after purchasing an additional 2,259 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in Invesco NASDAQ 100 ETF by 15.4% in the third quarter. Thrivent Financial for Lutherans now owns 251,939 shares of the company’s stock valued at $50,602,000 after buying an additional 33,568 shares during the last quarter. Finally, Theory Financial LLC increased its holdings in Invesco NASDAQ 100 ETF by 32.2% in the third quarter. Theory Financial LLC now owns 30,408 shares of the company’s stock valued at $6,055,000 after buying an additional 7,404 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $197.48 on Monday. The business has a 50-day moving average of $211.99 and a two-hundred day moving average of $207.50. The company 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 has a 1 year low of $169.96 and a 1 year high of $222.64.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.3103 dividend. 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.