Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Vision Retirement LLC

Vision Retirement LLC increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 116.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 10,485 shares of the company’s stock after buying an additional 5,645 shares during the period. Invesco NASDAQ 100 ETF accounts for about 0.8% of Vision Retirement LLC’s holdings, making the stock its 28th largest holding. Vision Retirement LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,176,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. increased its stake in Invesco NASDAQ 100 ETF by 3,234.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after acquiring an additional 3,005,140 shares during the last quarter. Principia Wealth Advisory LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 1,615.9% in the 4th quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock valued at $241,488,000 after purchasing an additional 899,154 shares in the last quarter. Meitav Investment House Ltd. lifted its stake in shares of Invesco NASDAQ 100 ETF by 25.3% in the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock valued at $612,143,000 after purchasing an additional 520,102 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of Invesco NASDAQ 100 ETF by 62.9% during the 4th quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after purchasing an additional 497,004 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Invesco NASDAQ 100 ETF by 4.2% during the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after purchasing an additional 468,626 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 1.2%

QQQM opened at $301.41 on Friday. The company has a 50 day moving average of $293.38 and a two-hundred day moving average of $273.55. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $308.21. The company has a market cap of $103.46 billion, a P/E ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.