Petix & Botte Co Purchases 6,326 Shares of Invesco NASDAQ 100 ETF $QQQM

Petix & Botte Co grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 47,512 shares of the company’s stock after purchasing an additional 6,326 shares during the period. Invesco NASDAQ 100 ETF accounts for 2.7% of Petix & Botte Co’s holdings, making the stock its 10th largest position. Petix & Botte Co’s holdings in Invesco NASDAQ 100 ETF were worth $12,017,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in Invesco NASDAQ 100 ETF by 3,234.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after acquiring an additional 3,005,140 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in Invesco NASDAQ 100 ETF in the third quarter worth approximately $538,021,000. Bouchey Financial Group Ltd increased its stake in Invesco NASDAQ 100 ETF by 68,507.2% during the fourth quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after acquiring an additional 587,107 shares during the last quarter. Jones Financial Companies Lllp raised its position in Invesco NASDAQ 100 ETF by 25.9% in the third quarter. Jones Financial Companies Lllp now owns 2,285,296 shares of the company’s stock valued at $560,746,000 after purchasing an additional 469,957 shares during the period. Finally, Ameriprise Financial Inc. raised its position in Invesco NASDAQ 100 ETF by 22.4% in the third quarter. Ameriprise Financial Inc. now owns 2,309,059 shares of the company’s stock valued at $570,665,000 after purchasing an additional 422,032 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.8%

Shares of Invesco NASDAQ 100 ETF stock opened at $296.37 on Friday. The firm has a market cap of $88.96 billion, a PE ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a 52 week low of $208.18 and a 52 week high of $297.29. The business’s fifty day simple moving average is $257.91 and its 200-day simple moving average is $255.12.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.3277 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%.

Invesco NASDAQ 100 ETF 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.