Transamerica Financial Advisors Inc. Has $15.52 Million Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Transamerica Financial Advisors Inc. boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 73,766 shares of the company’s stock after acquiring an additional 2,743 shares during the period. Invesco NASDAQ 100 ETF comprises 1.5% of Transamerica Financial Advisors Inc.’s holdings, making the stock its 12th biggest position. Transamerica Financial Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $15,524,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Financial Management Professionals Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth $25,000. Legacy Investment Solutions LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth about $31,000. Kieckhefer Group LLC bought a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at about $32,000. Blue Trust Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $49,000. Finally, Hobbs Group Advisors LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 257.1% during the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after acquiring an additional 180 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $193.08 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64. The stock has a market capitalization of $38.34 billion, a price-to-earnings ratio of 30.79 and a beta of 1.18. The company’s 50 day simple moving average is $209.34 and its 200 day simple moving average is $207.79.

Invesco NASDAQ 100 ETF Increases Dividend

The firm 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. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.