Scotia Capital Inc. Makes New $218,000 Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by James Quigley on Apr 16th, 2025

Scotia Capital Inc. acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,037 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds have also modified their holdings of the company. Financial Management Professionals Inc. acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $25,000. Kieckhefer Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $32,000. Nemes Rush Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $32,000. Tucker Asset Management LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 122.0% during the fourth quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock worth $43,000 after purchasing an additional 111 shares during the last quarter. Finally, Blue Trust Inc. acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at $49,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $188.58 on Wednesday. The business’s 50-day moving average is $200.72 and its two-hundred day moving average is $206.66. The company has a market capitalization of $38.95 billion, a P/E ratio of 30.31 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

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

Invesco NASDAQ 100 ETF Profile

(Free Report)

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.