Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Seros Financial LLC

Seros Financial LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 217.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,495 shares of the company’s stock after purchasing an additional 2,395 shares during the period. Invesco NASDAQ 100 ETF accounts for about 0.5% of Seros Financial LLC’s holdings, making the stock its 25th biggest holding. Seros Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $884,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QQQM. Garner Asset Management Corp acquired a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth about $25,000. New Millennium Group LLC increased its position in Invesco NASDAQ 100 ETF by 671.4% during the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after purchasing an additional 94 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth about $31,000. Imprint Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth about $31,000. Finally, Bank & Trust Co acquired a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth about $46,000.

Invesco NASDAQ 100 ETF Trading Down 0.6%

Invesco NASDAQ 100 ETF stock opened at $288.84 on Wednesday. Invesco NASDAQ 100 ETF has a 12-month low of $208.18 and a 12-month high of $297.29. The stock has a market cap of $86.70 billion, a P/E ratio of 31.95 and a beta of 1.21. The company has a 50-day moving average price of $260.36 and a 200 day moving average price of $255.75.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.3277 per share. This is a boost 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%. The ex-dividend date was Monday, March 23rd.

About Invesco NASDAQ 100 ETF

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.