Vicus Capital Purchases 47,157 Shares of Invesco NASDAQ 100 ETF $QQQM

Vicus Capital raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1,338.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,680 shares of the company’s stock after acquiring an additional 47,157 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 0.9% of Vicus Capital’s holdings, making the stock its 28th largest position. Vicus Capital’s holdings in Invesco NASDAQ 100 ETF were worth $12,524,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Trust Co. of Toledo NA OH bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $28,000. Pflug Koory LLC acquired a new position in Invesco NASDAQ 100 ETF during the second quarter worth $32,000. PrairieView Partners LLC raised its holdings in Invesco NASDAQ 100 ETF by 400.0% during the second quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock valued at $37,000 after buying an additional 132 shares in the last quarter. Mather Group LLC. bought a new position in Invesco NASDAQ 100 ETF during the third quarter valued at about $42,000. Finally, Rosenberg Matthew Hamilton acquired a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter worth about $43,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $258.01 on Monday. The company has a market cap of $71.77 billion, a PE ratio of 31.95 and a beta of 1.16. The stock has a 50-day moving average of $253.60 and a 200-day moving average of $244.31. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.323 per share. This represents a $1.29 annualized dividend and a yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 22nd.

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.