OxenFree Capital LLC Buys New Shares in Invesco NASDAQ 100 ETF $QQQM

OxenFree Capital LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,213 shares of the company’s stock, valued at approximately $1,815,000. Invesco NASDAQ 100 ETF makes up about 0.8% of OxenFree Capital LLC’s investment portfolio, making the stock its 19th biggest position.

Several other large investors also recently bought and sold shares of the stock. Invesco Ltd. increased its stake in shares of Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after buying an additional 468,626 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco NASDAQ 100 ETF by 1.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock worth $926,749,000 after acquiring an additional 65,487 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 3,234.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after acquiring an additional 3,005,140 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Invesco NASDAQ 100 ETF by 11.9% during the 4th quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock worth $742,825,000 after acquiring an additional 313,262 shares in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in Invesco NASDAQ 100 ETF by 5.1% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock worth $666,191,000 after acquiring an additional 129,000 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.2%

Shares of NASDAQ:QQQM opened at $297.70 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week high of $308.21. The company’s 50 day moving average is $294.00 and its two-hundred day moving average is $272.19. The company has a market cap of $102.19 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.