Mariner LLC Has $115.66 Million Stock Position in Invesco NASDAQ 100 ETF $QQQM

Mariner LLC increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 457,299 shares of the company’s stock after purchasing an additional 31,951 shares during the period. Mariner LLC’s holdings in Invesco NASDAQ 100 ETF were worth $115,660,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of QQQM. Migdal Insurance & Financial Holdings Ltd. grew its holdings in Invesco NASDAQ 100 ETF by 3,234.6% during the fourth 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 worth $241,488,000 after purchasing an additional 899,154 shares during the period. Bouchey Financial Group Ltd grew its holdings 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 purchasing an additional 587,107 shares during the period. Ameriprise Financial Inc. grew its holdings in Invesco NASDAQ 100 ETF by 22.4% during the third quarter. Ameriprise Financial Inc. now owns 2,309,059 shares of the company’s stock worth $570,665,000 after purchasing an additional 422,032 shares during the period. Finally, Asset Allocation Strategies LLC grew its holdings in Invesco NASDAQ 100 ETF by 728.3% during the second quarter. Asset Allocation Strategies LLC now owns 435,112 shares of the company’s stock worth $98,814,000 after purchasing an additional 382,579 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $306.24 on Tuesday. Invesco NASDAQ 100 ETF has a 52 week low of $215.55 and a 52 week high of $308.21. The stock has a market capitalization of $91.93 billion, a P/E ratio of 31.95 and a beta of 1.23. The stock has a 50-day simple moving average of $281.64 and a 200 day simple moving average of $261.99.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.3277 per share. The ex-dividend date 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%.

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.