Patriot Financial Group Insurance Agency LLC Increases Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Patriot Financial Group Insurance Agency LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 613.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,661 shares of the company’s stock after buying an additional 10,887 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,444,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $374,557,000. Invesco Ltd. grew its stake in shares of Invesco NASDAQ 100 ETF by 14.4% during the fourth quarter. Invesco Ltd. now owns 9,323,266 shares of the company’s stock worth $1,962,081,000 after purchasing an additional 1,170,093 shares in the last quarter. Bank of Nova Scotia purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at $158,702,000. FMR LLC raised its stake in Invesco NASDAQ 100 ETF by 46.5% in 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 in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives lifted its holdings in Invesco NASDAQ 100 ETF by 30.1% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock worth $648,817,000 after buying an additional 713,000 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $218.16 on Friday. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $222.64. The company has a market cap of $46.54 billion, a P/E ratio of 32.67 and a beta of 1.18. The business’s 50-day simple moving average is $198.95 and its 200-day simple moving average is $206.62.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.