Nomura Asset Management Co. Ltd. Acquires 15,900 Shares of Invesco NASDAQ 100 ETF $QQQM

Nomura Asset Management Co. Ltd. raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 23.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,225 shares of the company’s stock after purchasing an additional 15,900 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $18,900,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of QQQM. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the first quarter valued at approximately $90,815,000. Raymond James Financial Inc. increased its position in Invesco NASDAQ 100 ETF by 23.7% during the 1st quarter. Raymond James Financial Inc. now owns 2,201,585 shares of the company’s stock valued at $424,950,000 after purchasing an additional 421,792 shares during the period. Jones Financial Companies Lllp increased its position in Invesco NASDAQ 100 ETF by 48.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,262,644 shares of the company’s stock valued at $243,791,000 after purchasing an additional 410,340 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco NASDAQ 100 ETF by 14.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,933,060 shares of the company’s stock worth $566,139,000 after purchasing an additional 368,544 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV raised its holdings in Invesco NASDAQ 100 ETF by 88.5% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 578,345 shares of the company’s stock worth $111,632,000 after purchasing an additional 271,551 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 1.2%

Shares of QQQM opened at $245.51 on Wednesday. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23. The firm’s 50-day moving average price is $249.75 and its 200-day moving average price is $233.60. The firm has a market capitalization of $64.30 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.3025 per share. The ex-dividend date was Monday, September 22nd. This represents a $1.21 dividend on an annualized basis and a dividend yield of 0.5%.

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.