Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Eagle Strategies LLC

Eagle Strategies LLC raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.9% in the third quarter, Holdings Channel.com reports. The fund owned 8,424 shares of the company’s stock after buying an additional 158 shares during the quarter. Eagle Strategies LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,692,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its position in Invesco NASDAQ 100 ETF by 1,650.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock worth $1,529,744,000 after purchasing an additional 7,317,531 shares in the last quarter. Strategic Financial Concepts LLC raised its position in shares of Invesco NASDAQ 100 ETF by 10,544.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock worth $7,917,000 after buying an additional 3,978,954 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives boosted its holdings in Invesco NASDAQ 100 ETF by 260.2% in the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock valued at $476,014,000 after acquiring an additional 1,712,000 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Invesco NASDAQ 100 ETF by 536.4% in the 1st quarter. Cetera Investment Advisers now owns 1,043,700 shares of the company’s stock valued at $190,673,000 after purchasing an additional 879,707 shares in the last quarter. Finally, Yelin Lapidot Holdings Management Ltd. purchased a new stake in Invesco NASDAQ 100 ETF during the second quarter worth approximately $87,237,000.

Invesco NASDAQ 100 ETF Trading Up 0.9 %

Shares of QQQM stock opened at $205.81 on Wednesday. The company has a market cap of $35.26 billion, a PE ratio of 34.39 and a beta of 1.18. The company’s fifty day simple moving average is $198.04 and its 200-day simple moving average is $192.54. Invesco NASDAQ 100 ETF has a 52 week low of $142.55 and a 52 week high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.58%. The ex-dividend date was Monday, September 23rd.

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.