Scotia Capital Inc. Purchases New Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Stanley Muller on Apr 16th, 2025

Scotia Capital Inc. acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 1,037 shares of the company’s stock, valued at approximately $218,000.

Other hedge funds have also modified their holdings of the company. Strategic Financial Concepts LLC boosted its position in Invesco NASDAQ 100 ETF by 26,756.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock worth $1,304,234,000 after purchasing an additional 6,174,281 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $374,557,000. Invesco Ltd. lifted its position in shares of Invesco NASDAQ 100 ETF by 14.4% during the 4th quarter. Invesco Ltd. now owns 9,323,266 shares of the company’s stock valued at $1,962,081,000 after buying an additional 1,170,093 shares in the last quarter. IMC Chicago LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at $208,737,000. Finally, Bank of Nova Scotia acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at $158,702,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $188.58 on Wednesday. The stock has a market capitalization of $38.95 billion, a PE ratio of 30.31 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $222.64. The company has a fifty day moving average of $200.72 and a two-hundred day moving average of $206.66.

Invesco NASDAQ 100 ETF Increases Dividend

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

Invesco NASDAQ 100 ETF Profile

(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.