National Mutual Insurance Federation of Agricultural Cooperatives Has $666.19 Million Stake in Invesco NASDAQ 100 ETF $QQQM

National Mutual Insurance Federation of Agricultural Cooperatives lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,634,000 shares of the company’s stock after acquiring an additional 129,000 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 4.9% of National Mutual Insurance Federation of Agricultural Cooperatives’ investment portfolio, making the stock its 8th largest position. National Mutual Insurance Federation of Agricultural Cooperatives owned approximately 0.93% of Invesco NASDAQ 100 ETF worth $666,191,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in QQQM. Bright Futures Wealth Management LLC. bought a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at about $617,000. Bank Hapoalim BM bought a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at about $35,091,000. Aspire Growth Partners LLC increased its holdings in Invesco NASDAQ 100 ETF by 12.4% in the third quarter. Aspire Growth Partners LLC now owns 24,952 shares of the company’s stock valued at $6,166,000 after purchasing an additional 2,747 shares during the last quarter. Drake & Associates LLC increased its holdings in Invesco NASDAQ 100 ETF by 4.7% in the third quarter. Drake & Associates LLC now owns 50,061 shares of the company’s stock valued at $12,845,000 after purchasing an additional 2,268 shares during the last quarter. Finally, Atria Investments Inc increased its holdings in Invesco NASDAQ 100 ETF by 6.1% in the third quarter. Atria Investments Inc now owns 57,028 shares of the company’s stock valued at $14,093,000 after purchasing an additional 3,275 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $292.82 on Monday. The stock has a 50-day simple moving average of $253.61 and a 200 day simple moving average of $253.64. The company has a market capitalization of $87.90 billion, a PE ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a 12 month low of $200.17 and a 12 month high of $292.82.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.3277 dividend. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, March 23rd.

About Invesco NASDAQ 100 ETF

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.