Thoroughbred Financial Services LLC Has $31.68 Million Stock Position in Invesco NASDAQ 100 ETF $QQQM

Thoroughbred Financial Services LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 125,273 shares of the company’s stock after buying an additional 12,612 shares during the period. Invesco NASDAQ 100 ETF makes up about 1.9% of Thoroughbred Financial Services LLC’s holdings, making the stock its 6th largest holding. Thoroughbred Financial Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $31,684,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Invesco Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 3.2% during the third quarter. Invesco Ltd. now owns 11,185,021 shares of the company’s stock worth $2,764,042,000 after purchasing an additional 350,190 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its stake in Invesco NASDAQ 100 ETF by 0.6% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,882,663 shares of the company’s stock worth $959,484,000 after purchasing an additional 22,000 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco NASDAQ 100 ETF by 6.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,598,711 shares of the company’s stock worth $889,313,000 after purchasing an additional 231,965 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 3,234.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after purchasing an additional 3,005,140 shares during the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives lifted its stake in Invesco NASDAQ 100 ETF by 5.1% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock worth $666,191,000 after purchasing an additional 129,000 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.1%

Shares of QQQM stock opened at $300.38 on Thursday. The business has a 50-day moving average price of $266.19 and a two-hundred day moving average price of $257.44. Invesco NASDAQ 100 ETF has a 12-month low of $210.80 and a 12-month high of $301.82. The firm has a market cap of $90.17 billion, a P/E ratio of 31.95 and a beta of 1.21.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.3277 per share. This represents a $1.31 annualized dividend and a yield of 0.4%. This is an increase 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.