Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 83.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,018 shares of the company’s stock after purchasing an additional 10,913 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,707,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of QQQM. Migdal Insurance & Financial Holdings Ltd. raised its position in Invesco NASDAQ 100 ETF by 3,234.6% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after buying an additional 3,005,140 shares during the last quarter. Principia Wealth Advisory LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 1,615.9% in the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock valued at $241,488,000 after acquiring an additional 899,154 shares in the last quarter. Bouchey Financial Group Ltd boosted its holdings in shares of Invesco NASDAQ 100 ETF by 68,507.2% in the fourth quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock valued at $148,708,000 after acquiring an additional 587,107 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Invesco NASDAQ 100 ETF by 62.9% during the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after acquiring an additional 497,004 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after acquiring an additional 468,626 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 1.3%

NASDAQ QQQM opened at $290.95 on Friday. The stock has a market capitalization of $87.34 billion, a P/E ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 52-week low of $224.15 and a 52-week high of $308.21. The firm has a 50-day moving average price of $290.23 and a 200 day moving average price of $264.64.

Invesco NASDAQ 100 ETF Announces Dividend

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