Nissay Asset Management Corp Japan ADV Purchases Shares of 306,794 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Nissay Asset Management Corp Japan ADV purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 306,794 shares of the company’s stock, valued at approximately $66,007,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Management Professionals Inc. acquired a new stake in Invesco NASDAQ 100 ETF during the fourth quarter valued at $25,000. Nemes Rush Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $32,000. Tucker Asset Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 122.0% during the 4th quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock worth $43,000 after buying an additional 111 shares during the period. Blue Trust Inc. purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at $49,000. Finally, Atlas Capital Advisors Inc. purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at $58,000.

Invesco NASDAQ 100 ETF Trading Up 1.5%

QQQM stock opened at $212.27 on Wednesday. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $222.64. The stock has a market cap of $45.28 billion, a price-to-earnings ratio of 27.89 and a beta of 1.18. The business’s 50-day moving average is $192.87 and its 200 day moving average is $205.66.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.3176 dividend. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date was Monday, March 24th.

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.