Fifth Third Bancorp Purchases 10,255 Shares of Invesco NASDAQ 100 ETF $QQQM

Fifth Third Bancorp raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5,425.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,444 shares of the company’s stock after acquiring an additional 10,255 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco NASDAQ 100 ETF were worth $2,482,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in QQQM. Triton Wealth Management PLLC lifted its stake in Invesco NASDAQ 100 ETF by 1.7% in the 1st quarter. Triton Wealth Management PLLC now owns 8,396 shares of the company’s stock worth $2,029,000 after purchasing an additional 142 shares in the last quarter. Simplicity Wealth LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 22.3% in the first quarter. Simplicity Wealth LLC now owns 2,821 shares of the company’s stock worth $670,000 after buying an additional 514 shares in the last quarter. Petix & Botte Co grew its holdings in Invesco NASDAQ 100 ETF by 14.4% during the 1st quarter. Petix & Botte Co now owns 54,353 shares of the company’s stock valued at $12,916,000 after buying an additional 6,841 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in Invesco NASDAQ 100 ETF by 49.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,796 shares of the company’s stock worth $1,377,000 after acquiring an additional 1,914 shares during the last quarter. Finally, Elevated Capital Advisors LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 3,018.6% during the 1st quarter. Elevated Capital Advisors LLC now owns 1,840 shares of the company’s stock worth $437,000 after acquiring an additional 1,781 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $291.90 on Wednesday. The company has a market cap of $98.54 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 1 year low of $227.00 and a 1 year high of $308.21. The stock’s 50 day simple moving average is $296.43 and its two-hundred day simple moving average is $269.48.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.