Natixis Advisors LLC Purchases 60,979 Shares of Invesco NASDAQ 100 ETF $QQQM

Natixis Advisors LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 497.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,246 shares of the company’s stock after purchasing an additional 60,979 shares during the quarter. Natixis Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $18,525,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Garner Asset Management Corp bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth about $25,000. New Millennium Group LLC increased its stake in Invesco NASDAQ 100 ETF by 671.4% during the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after acquiring an additional 94 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000. Imprint Wealth LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000. Finally, Bank & Trust Co bought a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $46,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $290.35 on Friday. The business’s 50 day moving average is $274.56 and its two-hundred day moving average is $259.83. Invesco NASDAQ 100 ETF has a 1-year low of $215.55 and a 1-year high of $308.21. The stock has a market capitalization of $87.16 billion, a P/E ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.3277 per share. 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 annualized dividend and a yield of 0.5%.

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.