Bank of New York Mellon Corp Has $210.62 Million Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Bank of New York Mellon Corp increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 886,351 shares of the company’s stock after buying an additional 50,421 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco NASDAQ 100 ETF were worth $210,615,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Garner Asset Management Corp bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $25,000. Imprint Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. SJS Investment Consulting Inc. bought a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $40,000. Osbon Capital Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $41,000. Finally, Bank & Trust Co acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at $46,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $286.31 on Friday. The stock’s fifty day simple moving average is $296.55 and its 200 day simple moving average is $268.89. Invesco NASDAQ 100 ETF has a one year low of $227.00 and a one year high of $308.21. The firm has a market cap of $96.50 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.3522 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.41 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.