Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Invesco Ltd.

Invesco Ltd. increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,653,647 shares of the company’s stock after buying an additional 468,626 shares during the period. Invesco NASDAQ 100 ETF accounts for 0.5% of Invesco Ltd.’s holdings, making the stock its 24th biggest position. Invesco Ltd. owned about 4.06% of Invesco NASDAQ 100 ETF worth $2,947,440,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of 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 period. Principia Wealth Advisory LLC grew its position in shares of Invesco NASDAQ 100 ETF by 1,615.9% during the 4th quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock valued at $241,488,000 after acquiring an additional 899,154 shares during the period. Bouchey Financial Group Ltd increased its stake in shares of Invesco NASDAQ 100 ETF by 68,507.2% in the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock valued at $148,708,000 after purchasing an additional 587,107 shares in the last quarter. Royal Bank of Canada raised its holdings in Invesco NASDAQ 100 ETF by 62.9% in the 4th quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after purchasing an additional 497,004 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in Invesco NASDAQ 100 ETF by 22.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,309,059 shares of the company’s stock worth $570,665,000 after purchasing an additional 422,032 shares during the period.

Get Invesco NASDAQ 100 ETF alerts:

Invesco NASDAQ 100 ETF Trading Up 2.3%

Shares of QQQM opened at $304.52 on Friday. The firm has a market cap of $91.41 billion, a P/E ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 12 month low of $215.55 and a 12 month high of $308.21. The stock’s 50 day moving average is $285.18 and its two-hundred day moving average is $262.99.

Invesco NASDAQ 100 ETF Increases Dividend

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

About Invesco NASDAQ 100 ETF

(Free Report)

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.

See Also

• Five stocks we like better than Invesco NASDAQ 100 ETF
• Credo Technologies Accelerates AI—Its Stock Price Will Follow
• Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
• Jabil Just Gave Investors a Stronger Reason to Buy the Dip
• CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge

Receive News & Ratings for Invesco NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.