Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Seros Financial LLC

Seros Financial LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 217.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,495 shares of the company’s stock after acquiring an additional 2,395 shares during the period. Invesco NASDAQ 100 ETF makes up 0.5% of Seros Financial LLC’s holdings, making the stock its 25th biggest holding. Seros Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $884,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in QQQM. Garner Asset Management Corp acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at about $25,000. New Millennium Group LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 671.4% in the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $31,000. Imprint Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $31,000. Finally, Bank & Trust Co acquired a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $46,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $288.84 on Wednesday. The stock has a market capitalization of $86.70 billion, a P/E ratio of 31.95 and a beta of 1.21. The company has a 50 day moving average price of $260.36 and a 200 day moving average price of $255.75. Invesco NASDAQ 100 ETF has a fifty-two week low of $208.18 and a fifty-two week high of $297.29.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.3277 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, March 23rd.

About Invesco NASDAQ 100 ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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