Invesco Ltd. Purchases 1,170,093 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Invesco Ltd. boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 14.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 9,323,266 shares of the company’s stock after acquiring an additional 1,170,093 shares during the period. Invesco Ltd. owned 4.70% of Invesco NASDAQ 100 ETF worth $1,962,081,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in QQQM. Soundwatch Capital LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $270,000. Cerity Partners LLC grew its holdings in Invesco NASDAQ 100 ETF by 12.2% during the 4th quarter. Cerity Partners LLC now owns 380,770 shares of the company’s stock valued at $80,125,000 after buying an additional 41,524 shares in the last quarter. FMR LLC increased its position in shares of Invesco NASDAQ 100 ETF by 46.5% during the fourth quarter. FMR LLC now owns 2,261,812 shares of the company’s stock valued at $478,521,000 after buying an additional 717,591 shares during the period. Sepio Capital LP boosted its position in shares of Invesco NASDAQ 100 ETF by 90.5% in the fourth quarter. Sepio Capital LP now owns 16,605 shares of the company’s stock valued at $3,495,000 after acquiring an additional 7,888 shares during the period. Finally, Waterloo Capital L.P. grew its stake in Invesco NASDAQ 100 ETF by 6.9% during the fourth quarter. Waterloo Capital L.P. now owns 109,260 shares of the company’s stock valued at $22,994,000 after acquiring an additional 7,016 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 6.1 %

QQQM stock opened at $174.28 on Monday. Invesco NASDAQ 100 ETF has a 1-year low of $168.90 and a 1-year high of $222.64. The stock has a market cap of $35.58 billion, a price-to-earnings ratio of 30.31 and a beta of 1.18. The company’s 50 day moving average is $206.47 and its 200 day moving average is $207.81.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.3176 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date was Monday, March 24th.

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.