New Perspectives Inc Boosts Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

New Perspectives Inc increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 19.0% during the 4th quarter, Holdings Channel reports. The firm owned 26,340 shares of the company’s stock after buying an additional 4,204 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 2.3% of New Perspectives Inc’s investment portfolio, making the stock its 10th biggest position. New Perspectives Inc’s holdings in Invesco NASDAQ 100 ETF were worth $6,662,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Bright Futures Wealth Management LLC. bought a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at $617,000. E Fund Management Hong Kong Co. Ltd. boosted its position 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 acquiring an additional 5,333 shares in the last quarter. Evolution Wealth Management Inc. boosted its position 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 acquiring an additional 5,717 shares in the last quarter. Brookstone Capital Management boosted its position in Invesco NASDAQ 100 ETF by 49.7% during the 3rd quarter. Brookstone Capital Management now owns 75,006 shares of the company’s stock valued at $18,535,000 after acquiring an additional 24,904 shares in the last quarter. Finally, Bank Hapoalim BM bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $35,091,000.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $268.22 on Friday. The stock’s 50 day simple moving average is $249.04 and its two-hundred day simple moving average is $251.95. The stock has a market cap of $79.74 billion, a price-to-earnings ratio of 31.95 and a beta of 1.19. Invesco NASDAQ 100 ETF has a fifty-two week low of $187.70 and a fifty-two week high of $270.44.

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 given a dividend of $0.3277 per share. This represents a $1.31 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend 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.