Thrivent Financial for Lutherans Acquires 3,212 Shares of Invesco NASDAQ 100 ETF $QQQM

Thrivent Financial for Lutherans increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 216,780 shares of the company’s stock after purchasing an additional 3,212 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Invesco NASDAQ 100 ETF were worth $55,256,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Invesco Ltd. increased its stake in Invesco NASDAQ 100 ETF by 3.2% during the 3rd quarter. Invesco Ltd. now owns 11,185,021 shares of the company’s stock worth $2,764,042,000 after purchasing an additional 350,190 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its stake in Invesco NASDAQ 100 ETF by 0.6% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,882,663 shares of the company’s stock worth $959,484,000 after purchasing an additional 22,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Invesco NASDAQ 100 ETF by 6.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,598,711 shares of the company’s stock worth $889,313,000 after purchasing an additional 231,965 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in Invesco NASDAQ 100 ETF by 3,234.6% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after purchasing an additional 3,005,140 shares in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in Invesco NASDAQ 100 ETF by 5.1% during 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 purchasing an additional 129,000 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $291.89 on Friday. The business has a 50 day simple moving average of $258.72 and a 200 day simple moving average of $255.37. Invesco NASDAQ 100 ETF has a 52-week low of $208.18 and a 52-week high of $297.29. The stock has a market cap of $87.62 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a dividend of $0.3277 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.31 annualized dividend and a dividend yield of 0.4%. 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.