Rockefeller Capital Management L.P. Purchases 4,509 Shares of Invesco NASDAQ 100 ETF $QQQM

Rockefeller Capital Management L.P. raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 25,501 shares of the company’s stock after purchasing an additional 4,509 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Invesco NASDAQ 100 ETF were worth $6,450,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of QQQM. Bison Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $393,000. Capstone Wealth Management Group LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 9.6% during the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after acquiring an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Invesco NASDAQ 100 ETF by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after acquiring an additional 819 shares during the period. Empowered Funds LLC purchased a new position in Invesco NASDAQ 100 ETF during the 1st quarter valued at $742,000. Finally, Valeo Financial Advisors LLC bought a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at $534,000.

Invesco NASDAQ 100 ETF Stock Down 1.3%

Shares of Invesco NASDAQ 100 ETF stock opened at $290.95 on Friday. The stock’s fifty day moving average is $290.23 and its two-hundred day moving average is $264.64. Invesco NASDAQ 100 ETF has a 52 week low of $224.15 and a 52 week high of $308.21. The company has a market capitalization of $87.34 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 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.