Invesco Ltd. Buys 1,170,093 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Invesco Ltd. increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 14.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,323,266 shares of the company’s stock after acquiring an additional 1,170,093 shares during the quarter. Invesco Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $1,962,081,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Soundwatch Capital LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth $270,000. Cerity Partners LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 12.2% during the fourth quarter. Cerity Partners LLC now owns 380,770 shares of the company’s stock valued at $80,125,000 after buying an additional 41,524 shares during the last quarter. FMR LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 46.5% during the fourth quarter. FMR LLC now owns 2,261,812 shares of the company’s stock valued at $478,521,000 after buying an additional 717,591 shares during the last quarter. Sepio Capital LP increased its holdings in Invesco NASDAQ 100 ETF by 90.5% in the 4th quarter. Sepio Capital LP now owns 16,605 shares of the company’s stock worth $3,495,000 after buying an additional 7,888 shares in the last quarter. Finally, Waterloo Capital L.P. raised its position in Invesco NASDAQ 100 ETF by 6.9% in the 4th quarter. Waterloo Capital L.P. now owns 109,260 shares of the company’s stock worth $22,994,000 after buying an additional 7,016 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 6.1 %

Shares of NASDAQ QQQM opened at $174.28 on Monday. The firm’s 50-day moving average price is $206.47 and its 200-day moving average price is $207.81. Invesco NASDAQ 100 ETF has a 52-week low of $168.90 and a 52-week high of $222.64. The company has a market cap of $35.58 billion, a PE ratio of 30.31 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.3176 dividend. The ex-dividend date was Monday, March 24th. This is an increase from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.