Natixis Advisors LLC Buys 60,979 Shares of Invesco NASDAQ 100 ETF $QQQM

Natixis Advisors LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 497.1% during the 4th quarter, HoldingsChannel reports. The fund owned 73,246 shares of the company’s stock after purchasing an additional 60,979 shares during the period. Natixis Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $18,525,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Avaii Wealth Management LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 2.8% during the fourth quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock valued at $370,000 after buying an additional 40 shares during the period. Archer Investment Corp boosted its position in shares of Invesco NASDAQ 100 ETF by 2.0% during the fourth quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after buying an additional 44 shares during the period. Foresight Capital Management Advisors Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 4.6% during the fourth quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock valued at $270,000 after buying an additional 47 shares during the period. ROSS JOHNSON & Associates LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 23.1% during the third quarter. ROSS JOHNSON & Associates LLC now owns 266 shares of the company’s stock valued at $66,000 after buying an additional 50 shares during the period. Finally, Longview Financial Advisors Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 5.5% during the fourth quarter. Longview Financial Advisors Inc. now owns 981 shares of the company’s stock valued at $248,000 after buying an additional 51 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $290.35 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $215.55 and a 1 year high of $308.21. The business has a 50 day simple moving average of $274.56 and a two-hundred day simple moving average of $259.83. The firm has a market capitalization of $87.16 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.3277 dividend. The ex-dividend date 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 dividend yield of 0.5%.

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.