Hunter Associates Investment Management LLC Has $21.79 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Hunter Associates Investment Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.2% in the first quarter, Holdings Channel reports. The institutional investor owned 91,849 shares of the company’s stock after buying an additional 2,865 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 2.9% of Hunter Associates Investment Management LLC’s portfolio, making the stock its 6th biggest position. Hunter Associates Investment Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $21,792,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of QQQM. Migdal Insurance & Financial Holdings Ltd. grew its stake 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 valued at $783,561,000 after acquiring an additional 3,005,140 shares in the last quarter. Principia Wealth Advisory LLC lifted its stake in Invesco NASDAQ 100 ETF by 1,615.9% in the 4th 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 in the last quarter. Bouchey Financial Group Ltd lifted its stake in Invesco NASDAQ 100 ETF by 68,507.2% in the 4th 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 in the last quarter. Royal Bank of Canada boosted its holdings in Invesco NASDAQ 100 ETF by 62.9% in the 4th quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock valued at $325,458,000 after purchasing an additional 497,004 shares during the period. Finally, Invesco Ltd. boosted its holdings in Invesco NASDAQ 100 ETF by 4.2% in the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after purchasing an additional 468,626 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $293.42 on Friday. The firm has a market capitalization of $98.04 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a one year low of $226.25 and a one year high of $308.21. The company has a fifty day moving average price of $293.32 and a 200-day moving average price of $266.06.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3522 per share. This represents a $1.41 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, June 22nd.

Invesco NASDAQ 100 ETF Company 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.