Sepio Capital LP Increases Stake in Invesco NASDAQ 100 ETF $QQQM

Sepio Capital LP increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 9.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 68,595 shares of the company’s stock after purchasing an additional 6,202 shares during the period. Invesco NASDAQ 100 ETF accounts for about 0.9% of Sepio Capital LP’s investment portfolio, making the stock its 21st biggest holding. Sepio Capital LP’s holdings in Invesco NASDAQ 100 ETF were worth $17,349,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Garner Asset Management Corp purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $25,000. New Millennium Group LLC increased its stake in Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after buying an additional 94 shares during the period. Abich Financial Wealth Management LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $31,000. Imprint Wealth LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $31,000. Finally, Bank & Trust Co purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $46,000.

Invesco NASDAQ 100 ETF Stock Up 3.2%

Shares of QQQM opened at $295.02 on Friday. Invesco NASDAQ 100 ETF has a fifty-two week low of $215.55 and a fifty-two week high of $308.21. The firm’s 50 day moving average price is $279.20 and its 200 day moving average price is $261.26. The company has a market cap of $88.56 billion, a P/E ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.3277 per share. This represents a $1.31 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd. This is an increase 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.