Paradigm Financial Partners LLC Has $3.49 Million Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Paradigm Financial Partners LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 20,726 shares of the company’s stock after purchasing an additional 2,330 shares during the period. Paradigm Financial Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,493,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of QQQM. Clearstead Advisors LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $30,000. Larson Financial Group LLC lifted its holdings in Invesco NASDAQ 100 ETF by 120.5% during the fourth quarter. Larson Financial Group LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 106 shares during the last quarter. CVA Family Office LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $34,000. Addison Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $36,000. Finally, FinTrust Capital Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $42,000.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock traded up $2.70 during midday trading on Friday, reaching $177.35. 1,044,108 shares of the stock were exchanged, compared to its average volume of 1,852,672. Invesco NASDAQ 100 ETF has a 52 week low of $129.60 and a 52 week high of $184.88. The firm has a market cap of $22.87 billion, a PE ratio of 35.17 and a beta of 1.18. The company’s fifty day moving average is $179.80 and its 200-day moving average is $168.89.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.3454 per share. This represents a $1.38 annualized dividend and a yield of 0.78%. The ex-dividend date was Monday, March 18th.

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.