PFG Investments LLC Buys 2,133 Shares of Invesco NASDAQ 100 ETF $QQQM

PFG Investments LLC lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,382 shares of the company’s stock after purchasing an additional 2,133 shares during the period. PFG Investments LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,155,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Invesco Ltd. increased its stake in shares of Invesco NASDAQ 100 ETF by 3.2% in the third quarter. Invesco Ltd. now owns 11,185,021 shares of the company’s stock worth $2,764,042,000 after purchasing an additional 350,190 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Invesco NASDAQ 100 ETF by 0.6% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,882,663 shares of the company’s stock worth $959,484,000 after purchasing an additional 22,000 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco NASDAQ 100 ETF by 6.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,598,711 shares of the company’s stock worth $889,313,000 after purchasing an additional 231,965 shares during the period. Raymond James Financial Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 5.9% in the third quarter. Raymond James Financial Inc. now owns 2,623,734 shares of the company’s stock worth $648,377,000 after purchasing an additional 146,401 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 22.4% in 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.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $262.48 on Thursday. The business’s 50-day simple moving average is $247.06 and its 200-day simple moving average is $251.19. The firm has a market capitalization of $76.36 billion, a PE ratio of 31.95 and a beta of 1.19. Invesco NASDAQ 100 ETF has a 52 week low of $176.19 and a 52 week high of $262.55.

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 issued a dividend of $0.3277 per share. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change 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 0.5%.

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.