ORG Partners LLC Grows Position in Invesco NASDAQ 100 ETF $QQQM

ORG Partners LLC lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 57.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,304 shares of the company’s stock after buying an additional 9,920 shares during the period. Invesco NASDAQ 100 ETF makes up 1.2% of ORG Partners LLC’s holdings, making the stock its 14th biggest position. ORG Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,747,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Invesco Ltd. raised its holdings in Invesco NASDAQ 100 ETF by 18.8% in the 2nd quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock valued at $2,460,590,000 after acquiring an additional 1,715,025 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its position in shares of Invesco NASDAQ 100 ETF by 73.1% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,860,663 shares of the company’s stock valued at $876,757,000 after purchasing an additional 1,630,000 shares in the last quarter. Soundwatch Capital LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $3,159,000. Bank of Nova Scotia acquired a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $277,718,000. Finally, Mizuho Bank Ltd. purchased a new position in Invesco NASDAQ 100 ETF during the second quarter worth approximately $272,520,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $258.01 on Friday. The stock’s fifty day moving average is $253.60 and its two-hundred day moving average is $244.01. The firm has a market capitalization of $71.69 billion, a P/E ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.323 per share. This represents a $1.29 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.