Invesco NASDAQ 100 ETF $QQQM Stake Lifted by One Day In July LLC

One Day In July LLC boosted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 241,830 shares of the company’s stock after purchasing an additional 23,210 shares during the period. Invesco NASDAQ 100 ETF makes up 5.1% of One Day In July LLC’s portfolio, making the stock its 7th biggest position. One Day In July LLC’s holdings in Invesco NASDAQ 100 ETF were worth $59,761,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Trust Co. of Toledo NA OH bought a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth about $28,000. Pflug Koory LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the second quarter valued at $32,000. PrairieView Partners LLC raised its stake in Invesco NASDAQ 100 ETF by 400.0% during the 2nd quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock valued at $37,000 after acquiring an additional 132 shares in the last quarter. Mather Group LLC. bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $42,000. Finally, Rosenberg Matthew Hamilton bought a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth $43,000.

Invesco NASDAQ 100 ETF Stock Down 0.2%

NASDAQ:QQQM opened at $257.84 on Wednesday. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23. The stock has a fifty day simple moving average of $253.62 and a 200 day simple moving average of $244.77. The firm has a market capitalization of $71.72 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.323 per share. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 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.