Invesco NASDAQ 100 ETF $QQQM Stock Position Increased by Tactive Advisors LLC

Tactive Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 422.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,459 shares of the company’s stock after buying an additional 23,817 shares during the period. Invesco NASDAQ 100 ETF accounts for 2.2% of Tactive Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Tactive Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,925,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Invesco Ltd. grew its position in shares of Invesco NASDAQ 100 ETF by 4.2% in the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after purchasing an additional 468,626 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco NASDAQ 100 ETF by 1.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock worth $926,749,000 after purchasing an additional 65,487 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted 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 worth $783,561,000 after purchasing an additional 3,005,140 shares during the period. Raymond James Financial Inc. boosted its stake in Invesco NASDAQ 100 ETF by 11.9% in the 4th quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock worth $742,825,000 after purchasing an additional 313,262 shares during the period. Finally, National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in Invesco NASDAQ 100 ETF by 5.1% during 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 in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.2%

Shares of QQQM opened at $297.70 on Friday. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $308.21. The stock has a market cap of $102.19 billion, a PE ratio of 31.95 and a beta of 1.23. The business’s 50-day moving average price is $294.00 and its 200-day moving average price is $272.19.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.3522 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.41 annualized dividend and a yield of 0.5%.

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.