5,607 Shares in Invesco NASDAQ 100 ETF $QQQM Purchased by Blue Jean Financial LLC

Blue Jean Financial LLC acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, HoldingsChannel reports. The fund acquired 5,607 shares of the company’s stock, valued at approximately $1,418,000.

Several other institutional investors also recently bought and sold shares of the company. Invesco Ltd. boosted its holdings in Invesco NASDAQ 100 ETF by 3.2% in the 3rd quarter. Invesco Ltd. now owns 11,185,021 shares of the company’s stock worth $2,764,042,000 after buying an additional 350,190 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Invesco NASDAQ 100 ETF by 0.6% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,882,663 shares of the company’s stock worth $959,484,000 after buying an additional 22,000 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco NASDAQ 100 ETF by 1.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock worth $926,749,000 after buying an additional 65,487 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after buying an additional 3,005,140 shares during the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives boosted its holdings in Invesco NASDAQ 100 ETF by 5.1% in 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 buying an additional 129,000 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.7%

QQQM stock opened at $297.01 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $215.55 and a 12-month high of $308.21. The stock has a market cap of $89.16 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The business’s 50-day moving average is $280.33 and its 200 day moving average is $261.51.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.