Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Barings LLC

Barings LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 19.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 39,184 shares of the company’s stock after purchasing an additional 6,514 shares during the period. Barings LLC’s holdings in Invesco NASDAQ 100 ETF were worth $9,311,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after acquiring an additional 3,005,140 shares during the period. Principia Wealth Advisory LLC boosted its position in Invesco NASDAQ 100 ETF by 1,615.9% during the 4th quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after purchasing an additional 899,154 shares during the period. Bouchey Financial Group Ltd increased its holdings in Invesco NASDAQ 100 ETF by 68,507.2% in the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock valued at $148,708,000 after purchasing an additional 587,107 shares in the last quarter. Meitav Investment House Ltd. increased its holdings in Invesco NASDAQ 100 ETF by 25.3% in the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock valued at $612,143,000 after purchasing an additional 520,102 shares in the last quarter. Finally, Royal Bank of Canada raised its position in Invesco NASDAQ 100 ETF by 62.9% in the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock valued at $325,458,000 after purchasing an additional 497,004 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $290.68 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $227.00 and a 12 month high of $308.21. The stock’s 50-day moving average is $296.69 and its two-hundred day moving average is $268.77. The stock has a market cap of $97.89 billion, a PE ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3522 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.41 annualized dividend and a yield of 0.5%.

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.