Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Cwm LLC

Cwm LLC grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 180.3% during the 3rd quarter, Holdings Channel reports. The fund owned 241,309 shares of the company’s stock after purchasing an additional 155,208 shares during the period. Cwm LLC’s holdings in Invesco NASDAQ 100 ETF were worth $59,632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in QQQM. Bison Wealth LLC purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $393,000. Capstone Wealth Management Group LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 9.6% in the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after buying an additional 3,220 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Invesco NASDAQ 100 ETF by 88.5% in the first quarter. Russell Investments Group Ltd. now owns 394 shares of the company’s stock worth $76,000 after buying an additional 185 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Invesco NASDAQ 100 ETF during the first quarter worth about $224,000. Finally, Comerica Bank grew its holdings in Invesco NASDAQ 100 ETF by 18.4% during the first quarter. Comerica Bank now owns 10,566 shares of the company’s stock worth $2,039,000 after acquiring an additional 1,642 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.2%

Shares of NASDAQ:QQQM opened at $256.63 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23. The company has a market capitalization of $67.21 billion, a PE ratio of 31.95 and a beta of 1.16. The business has a 50 day moving average of $253.55 and a two-hundred day moving average of $241.20.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 22nd will be paid a $0.323 dividend. The ex-dividend date is Monday, December 22nd. This represents a $1.29 annualized dividend and a dividend yield of 0.5%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.