Cvfg LLC Buys 99,268 Shares of Invesco NASDAQ 100 ETF $QQQM

Cvfg LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 497.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 119,217 shares of the company’s stock after acquiring an additional 99,268 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 3.5% of Cvfg LLC’s holdings, making the stock its 2nd largest holding. Cvfg LLC’s holdings in Invesco NASDAQ 100 ETF were worth $28,328,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of QQQM. Invesco Ltd. increased its holdings in shares of Invesco NASDAQ 100 ETF by 4.2% during the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after purchasing an additional 468,626 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco NASDAQ 100 ETF by 1.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock valued at $926,749,000 after buying an additional 65,487 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its position in 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 buying an additional 3,005,140 shares in the last quarter. Raymond James Financial Inc. increased its stake in Invesco NASDAQ 100 ETF by 11.9% during the fourth quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock valued at $742,825,000 after acquiring an additional 313,262 shares during the period. Finally, National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in Invesco NASDAQ 100 ETF by 5.1% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock valued at $666,191,000 after acquiring an additional 129,000 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 1.8%

Shares of QQQM stock opened at $292.14 on Wednesday. Invesco NASDAQ 100 ETF has a 12 month low of $226.88 and a 12 month high of $308.21. The company has a market capitalization of $97.61 billion, a P/E ratio of 31.95 and a beta of 1.22. The stock has a 50 day moving average of $294.28 and a two-hundred day moving average of $266.80.

Invesco NASDAQ 100 ETF Dividend Announcement

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

Invesco NASDAQ 100 ETF Company 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.