Invesco NASDAQ 100 ETF $QQQM Shares Bought by Vicus Capital

Vicus Capital boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 9.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 55,376 shares of the company’s stock after purchasing an additional 4,696 shares during the quarter. Invesco NASDAQ 100 ETF comprises 1.1% of Vicus Capital’s portfolio, making the stock its 24th biggest holding. Vicus Capital’s holdings in Invesco NASDAQ 100 ETF were worth $14,006,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Jackson Hole Capital Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $25,000. Wolff Wiese Magana LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $26,000. New Millennium Group LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 671.4% in the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $28,000. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $31,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $251.23 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $176.19 and a 12-month high of $262.23. The company has a market capitalization of $72.84 billion, a PE ratio of 31.95 and a beta of 1.19. The firm’s 50-day moving average is $246.86 and its two-hundred day moving average is $250.85.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.3277 dividend. This represents a $1.31 annualized dividend and a dividend yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, March 23rd.

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.