SBI Securities Co. Ltd. Boosts Holdings in Invesco NASDAQ 100 ETF $QQQM

SBI Securities Co. Ltd. lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,924 shares of the company’s stock after purchasing an additional 2,077 shares during the period. SBI Securities Co. Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $4,533,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of QQQM. Bright Futures Wealth Management LLC. purchased a new position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $617,000. E Fund Management Hong Kong Co. Ltd. increased its stake in Invesco NASDAQ 100 ETF by 1,473.2% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 5,695 shares of the company’s stock valued at $1,407,000 after purchasing an additional 5,333 shares in the last quarter. Evolution Wealth Management Inc. increased its stake in Invesco NASDAQ 100 ETF by 51,972.7% during the 3rd quarter. Evolution Wealth Management Inc. now owns 5,728 shares of the company’s stock valued at $1,416,000 after purchasing an additional 5,717 shares in the last quarter. Bank Hapoalim BM bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $35,091,000. Finally, Aspire Growth Partners LLC increased its stake in Invesco NASDAQ 100 ETF by 12.4% during the 3rd quarter. Aspire Growth Partners LLC now owns 24,952 shares of the company’s stock valued at $6,166,000 after purchasing an additional 2,747 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $280.62 on Wednesday. The firm has a market cap of $84.24 billion, a P/E ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a fifty-two week low of $196.36 and a fifty-two week high of $281.12. The firm has a 50-day simple moving average of $252.12 and a two-hundred day simple moving average of $253.09.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.3277 per share. The ex-dividend date was Monday, March 23rd. This represents a $1.31 dividend on an annualized basis and a yield of 0.5%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.