Wilmington Savings Fund Society FSB Makes New $497,000 Investment in Invesco NASDAQ 100 ETF $QQQM

Wilmington Savings Fund Society FSB acquired a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,012 shares of the company’s stock, valued at approximately $497,000.

Several other institutional investors have also bought and sold shares of the business. Invesco Ltd. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 18.8% in the 2nd quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock valued at $2,460,590,000 after acquiring an additional 1,715,025 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its stake in Invesco NASDAQ 100 ETF by 73.1% in the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,860,663 shares of the company’s stock worth $876,757,000 after acquiring an additional 1,630,000 shares in the last quarter. Soundwatch Capital LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the second quarter worth approximately $3,159,000. Bank of Nova Scotia purchased a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $277,718,000. Finally, Mizuho Bank Ltd. bought a new position in Invesco NASDAQ 100 ETF in the second quarter worth approximately $272,520,000.

Invesco NASDAQ 100 ETF Stock Down 1.4%

Shares of QQQM stock traded down $3.64 on Tuesday, hitting $252.08. The stock had a trading volume of 1,678,360 shares, compared to its average volume of 5,522,381. The business has a 50 day moving average price of $253.75 and a 200 day moving average price of $245.58. The company has a market cap of $70.50 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a dividend of $0.323 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, December 22nd.

About Invesco NASDAQ 100 ETF

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.