IMC Chicago LLC Takes $13.01 Million Position in Invesco NASDAQ 100 ETF $QQQM

IMC Chicago LLC bought a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 52,642 shares of the company’s stock, valued at approximately $13,009,000.

A number of other large investors have also added to or reduced their stakes in QQQM. Vantagepoint Investment Advisers LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $538,021,000. Invesco Ltd. increased its holdings in shares of Invesco NASDAQ 100 ETF by 18.8% in the second quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock worth $2,460,590,000 after purchasing an additional 1,715,025 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Invesco NASDAQ 100 ETF by 73.1% during the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,860,663 shares of the company’s stock worth $876,757,000 after acquiring an additional 1,630,000 shares in the last quarter. Soundwatch Capital LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $3,159,000. Finally, Bank of Nova Scotia purchased a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth $277,718,000.

Invesco NASDAQ 100 ETF Trading Up 0.7%

Shares of NASDAQ:QQQM opened at $257.82 on Tuesday. The company has a market cap of $73.30 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $262.23. The company has a 50-day moving average price of $255.36 and a 200 day moving average price of $247.55.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.323 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. 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.

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.