SBI Securities Co. Ltd. Purchases 2,077 Shares of Invesco NASDAQ 100 ETF $QQQM

SBI Securities Co. Ltd. lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 17,924 shares of the company’s stock after purchasing an additional 2,077 shares during the period. SBI Securities Co. Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $4,533,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Garner Asset Management Corp bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $25,000. Jackson Hole Capital Partners LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth approximately $25,000. Wolff Wiese Magana LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth approximately $26,000. New Millennium Group LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 671.4% in the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after buying an additional 94 shares during the last quarter. Finally, Imprint Wealth LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth approximately $31,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $280.62 on Wednesday. Invesco NASDAQ 100 ETF has a 1-year low of $196.36 and a 1-year high of $281.12. The company has a market capitalization of $84.24 billion, a P/E ratio of 31.95 and a beta of 1.21. The firm’s 50 day simple moving average is $252.12 and its two-hundred day simple moving average is $253.09.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.3277 per share. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco NASDAQ 100 ETF 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.