US Bancorp DE Has $82.91 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

US Bancorp DE grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 327,811 shares of the company’s stock after acquiring an additional 33,056 shares during the period. US Bancorp DE’s holdings in Invesco NASDAQ 100 ETF were worth $82,910,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Bright Futures Wealth Management LLC. bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth about $617,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of Invesco NASDAQ 100 ETF by 1,473.2% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 5,695 shares of the company’s stock worth $1,407,000 after purchasing an additional 5,333 shares during the last quarter. Evolution Wealth Management Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 51,972.7% in the 3rd quarter. Evolution Wealth Management Inc. now owns 5,728 shares of the company’s stock worth $1,416,000 after purchasing an additional 5,717 shares during the last quarter. Bank Hapoalim BM bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth about $35,091,000. Finally, Aspire Growth Partners LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 12.4% in the 3rd quarter. Aspire Growth Partners LLC now owns 24,952 shares of the company’s stock worth $6,166,000 after purchasing an additional 2,747 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $274.90 on Friday. The firm’s 50-day simple moving average is $251.52 and its 200-day simple moving average is $252.78. Invesco NASDAQ 100 ETF has a twelve month low of $196.36 and a twelve month high of $275.33. The firm has a market cap of $82.46 billion, a price-to-earnings ratio of 31.95 and a beta of 1.19.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.3277 dividend. This represents a $1.31 annualized dividend and a dividend yield of 0.5%. 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.

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.