Invesco NASDAQ 100 ETF $QQQM Stock Position Raised by Atria Investments Inc

Atria Investments Inc increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 57,028 shares of the company’s stock after buying an additional 3,275 shares during the period. Atria Investments Inc’s holdings in Invesco NASDAQ 100 ETF were worth $14,093,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of QQQM. Jackson Hole Capital Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $25,000. Wolff Wiese Magana LLC acquired a new position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $26,000. Trust Co. of Toledo NA OH bought a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth $28,000. Mather Group LLC. acquired a new stake in Invesco NASDAQ 100 ETF in the third quarter worth $42,000. Finally, Rosenberg Matthew Hamilton bought a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at $43,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $247.31 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $262.23. The company has a market cap of $70.94 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The firm has a fifty day moving average of $254.75 and a 200-day moving average of $248.36.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $0.323 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.29 annualized dividend and a yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

About Invesco NASDAQ 100 ETF

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.