Dorsey & Whitney Trust CO LLC Increases Position in Invesco NASDAQ 100 ETF $QQQM

Dorsey & Whitney Trust CO LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 186.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,540 shares of the company’s stock after purchasing an additional 12,070 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of QQQM. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Invesco NASDAQ 100 ETF by 3,234.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after acquiring an additional 3,005,140 shares during the last quarter. Principia Wealth Advisory LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 1,615.9% during the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after acquiring an additional 899,154 shares during the last quarter. Bouchey Financial Group Ltd boosted its position in shares of Invesco NASDAQ 100 ETF by 68,507.2% during the fourth quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after acquiring an additional 587,107 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 22.4% during the third quarter. Ameriprise Financial Inc. now owns 2,309,059 shares of the company’s stock worth $570,665,000 after acquiring an additional 422,032 shares during the last quarter. Finally, Asset Allocation Strategies LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 728.3% during the second quarter. Asset Allocation Strategies LLC now owns 435,112 shares of the company’s stock worth $98,814,000 after acquiring an additional 382,579 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $285.92 on Thursday. The firm has a fifty day moving average price of $278.05 and a 200 day moving average price of $260.89. Invesco NASDAQ 100 ETF has a fifty-two week low of $215.55 and a fifty-two week high of $308.21. The firm has a market cap of $85.83 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.3277 per share. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, March 23rd.

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.