Invesco NASDAQ 100 ETF $QQQM Shares Bought by Cottage Street Advisors LLC

Cottage Street Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 97.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,440 shares of the company’s stock after buying an additional 1,697 shares during the period. Cottage Street Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,042,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Invesco Ltd. increased its stake in Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after purchasing an additional 468,626 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco NASDAQ 100 ETF by 1.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock valued at $926,749,000 after purchasing an additional 65,487 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Invesco NASDAQ 100 ETF by 3,234.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after purchasing an additional 3,005,140 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 11.9% in the fourth quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock valued at $742,825,000 after purchasing an additional 313,262 shares in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in Invesco NASDAQ 100 ETF by 5.1% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock worth $666,191,000 after buying an additional 129,000 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.7%

Invesco NASDAQ 100 ETF stock opened at $297.98 on Thursday. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $308.21. The firm has a market cap of $102.28 billion, a PE ratio of 31.95 and a beta of 1.23. The company’s 50 day moving average is $293.45 and its two-hundred day moving average is $273.23.

Invesco NASDAQ 100 ETF Announces Dividend

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