Sfm LLC Raises Position in Invesco NASDAQ 100 ETF $QQQM

Sfm LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 84.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,299 shares of the company’s stock after acquiring an additional 4,724 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 1.6% of Sfm LLC’s holdings, making the stock its 13th largest position. Sfm LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,120,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. raised its holdings in Invesco NASDAQ 100 ETF by 3,234.6% in 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 during the period. Principia Wealth Advisory LLC grew its holdings in Invesco NASDAQ 100 ETF by 1,615.9% during the fourth 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 during the period. Meitav Investment House Ltd. increased its position in Invesco NASDAQ 100 ETF by 25.3% in the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after buying an additional 520,102 shares in the last quarter. Royal Bank of Canada increased its position in Invesco NASDAQ 100 ETF by 62.9% in the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after buying an additional 497,004 shares in the last quarter. Finally, Invesco Ltd. increased its position in Invesco NASDAQ 100 ETF by 4.2% in the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after buying an additional 468,626 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.9%

NASDAQ QQQM opened at $295.35 on Thursday. 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 capitalization of $101.38 billion, a P/E ratio of 31.95 and a beta of 1.23. The stock’s 50-day moving average price is $294.29 and its 200-day moving average price is $271.74.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.