Mizuho Bank Ltd. Sells 158,000 Shares of Invesco NASDAQ 100 ETF $QQQM

Mizuho Bank Ltd. cut its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 24.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 485,000 shares of the company’s stock after selling 158,000 shares during the period. Invesco NASDAQ 100 ETF accounts for 14.6% of Mizuho Bank Ltd.’s portfolio, making the stock its 4th largest holding. Mizuho Bank Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $122,666,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Invesco Ltd. grew its stake in Invesco NASDAQ 100 ETF by 3.2% in the 3rd quarter. Invesco Ltd. now owns 11,185,021 shares of the company’s stock valued at $2,764,042,000 after buying an additional 350,190 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its stake in Invesco NASDAQ 100 ETF by 0.6% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,882,663 shares of the company’s stock valued at $959,484,000 after buying an additional 22,000 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Invesco NASDAQ 100 ETF by 1.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock valued at $926,749,000 after buying an additional 65,487 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after buying an additional 3,005,140 shares during the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives grew its stake in Invesco NASDAQ 100 ETF by 5.1% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock valued at $666,191,000 after buying an additional 129,000 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $295.02 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $215.55 and a 52 week high of $308.21. The firm has a market cap of $88.56 billion, a P/E ratio of 31.95 and a beta of 1.23. The firm’s 50-day simple moving average is $279.20 and its 200 day simple moving average is $261.26.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.3277 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, March 23rd. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%.

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.