Invesco NASDAQ 100 ETF $QQQM Shares Bought by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 46,353 shares of the company’s stock after purchasing an additional 6,090 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 0.4% of Analyst IMS Investment Management Services Ltd.’s holdings, making the stock its 29th biggest position. Analyst IMS Investment Management Services Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $11,454,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Trust Co. of Toledo NA OH purchased a new stake in Invesco NASDAQ 100 ETF during the third quarter worth about $28,000. Pflug Koory LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $32,000. PrairieView Partners LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 400.0% during the 2nd quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock valued at $37,000 after acquiring an additional 132 shares during the period. Rosenberg Matthew Hamilton purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $43,000. Finally, AlphaCore Capital LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 850.0% in the 2nd quarter. AlphaCore Capital LLC now owns 190 shares of the company’s stock worth $43,000 after acquiring an additional 170 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $255.65 on Tuesday. The firm has a market capitalization of $66.96 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23. The stock’s fifty day moving average is $253.79 and its two-hundred day moving average is $242.03.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a $0.323 dividend. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 22nd. This represents a $1.29 dividend on an annualized basis and a dividend 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.