Nomura Asset Management Co. Ltd. Acquires 71,900 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Nomura Asset Management Co. Ltd. increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 45.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 229,325 shares of the company’s stock after acquiring an additional 71,900 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $48,261,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQM. Strategic Financial Concepts LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 26,756.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock worth $1,304,234,000 after purchasing an additional 6,174,281 shares during the period. Raymond James Financial Inc. purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth about $374,557,000. IMC Chicago LLC bought a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $208,737,000. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in shares of Invesco NASDAQ 100 ETF by 30.1% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock worth $648,817,000 after acquiring an additional 713,000 shares during the period. Finally, Independent Advisor Alliance bought a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $137,690,000.

Invesco NASDAQ 100 ETF Stock Down 2.6 %

NASDAQ QQQM opened at $193.08 on Friday. The firm has a market capitalization of $38.34 billion, a PE ratio of 30.79 and a beta of 1.18. The stock’s 50 day moving average is $209.34 and its 200 day moving average is $207.79. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.3176 per share. The ex-dividend date was Monday, March 24th. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.