Thurston Springer Miller Herd & Titak Inc. Raises Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 31.1% in the first quarter, HoldingsChannel reports. The firm owned 965 shares of the company’s stock after purchasing an additional 229 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $186,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Invesco Ltd. lifted its holdings in Invesco NASDAQ 100 ETF by 14.4% during the 4th quarter. Invesco Ltd. now owns 9,323,266 shares of the company’s stock worth $1,962,081,000 after buying an additional 1,170,093 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 1.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,653,767 shares of the company’s stock worth $1,610,735,000 after buying an additional 84,709 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in Invesco NASDAQ 100 ETF by 26,756.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock worth $1,304,234,000 after buying an additional 6,174,281 shares during the last quarter. First Command Advisory Services Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 0.8% during the 4th quarter. First Command Advisory Services Inc. now owns 4,852,917 shares of the company’s stock worth $1,021,296,000 after buying an additional 37,600 shares during 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 Up 1.0%

NASDAQ:QQQM opened at $218.16 on Friday. The business’s 50 day moving average is $198.95 and its two-hundred day moving average is $206.63. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $222.64. The company has a market cap of $46.54 billion, a PE ratio of 32.67 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.3176 per share. This is a boost 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.