Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Royal Bank of Canada

Royal Bank of Canada increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 35.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,743,076 shares of the company’s stock after buying an additional 456,274 shares during the quarter. Royal Bank of Canada’s holdings in Invesco NASDAQ 100 ETF were worth $414,189,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Garner Asset Management Corp purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $25,000. Imprint Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth $31,000. SJS Investment Consulting Inc. purchased a new stake in Invesco NASDAQ 100 ETF in the first quarter valued at $40,000. Osbon Capital Management LLC purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $41,000. Finally, Signature Equity Partners LLC raised its position in Invesco NASDAQ 100 ETF by 19,600.0% in the first quarter. Signature Equity Partners LLC now owns 197 shares of the company’s stock valued at $47,000 after purchasing an additional 196 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 1.0%

Shares of Invesco NASDAQ 100 ETF stock opened at $278.14 on Wednesday. The firm has a market cap of $94.88 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 52 week low of $227.00 and a 52 week high of $308.21. The business’s fifty day simple moving average is $295.51 and its 200-day simple moving average is $270.49.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.3522 dividend. This represents a $1.41 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, June 22nd.

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.