Invesco NASDAQ 100 ETF $QQQM Stake Boosted by US Bancorp DE

US Bancorp DE increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 327,811 shares of the company’s stock after purchasing an additional 33,056 shares during the quarter. US Bancorp DE owned approximately 0.12% of Invesco NASDAQ 100 ETF worth $82,910,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of QQQM. Invesco Ltd. boosted its position in Invesco NASDAQ 100 ETF by 3.2% during the 3rd quarter. Invesco Ltd. now owns 11,185,021 shares of the company’s stock worth $2,764,042,000 after acquiring an additional 350,190 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its position in Invesco NASDAQ 100 ETF by 0.6% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,882,663 shares of the company’s stock worth $959,484,000 after acquiring an additional 22,000 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Invesco NASDAQ 100 ETF by 6.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,598,711 shares of the company’s stock worth $889,313,000 after acquiring an additional 231,965 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its position in Invesco NASDAQ 100 ETF by 3,234.6% during the 4th 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 period. Finally, Raymond James Financial Inc. boosted its position in Invesco NASDAQ 100 ETF by 5.9% during the 3rd quarter. Raymond James Financial Inc. now owns 2,623,734 shares of the company’s stock worth $648,377,000 after acquiring an additional 146,401 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.9%

Shares of NASDAQ QQQM opened at $274.90 on Friday. Invesco NASDAQ 100 ETF has a one year low of $196.36 and a one year high of $275.33. The firm has a market capitalization of $82.46 billion, a PE ratio of 31.95 and a beta of 1.19. The business has a 50-day moving average price of $251.52 and a two-hundred day moving average price of $252.78.

Invesco NASDAQ 100 ETF Increases Dividend

The firm 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 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, March 23rd. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

About Invesco NASDAQ 100 ETF

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.