SBI Securities Co. Ltd. Grows Stake in Invesco NASDAQ 100 ETF $QQQM

SBI Securities Co. Ltd. increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 41.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 23,896 shares of the company’s stock after purchasing an additional 6,979 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $7,240,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of QQQM. Florida Financial Advisors LLC raised its stake in Invesco NASDAQ 100 ETF by 71.0% in the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock valued at $4,150,000 after purchasing an additional 7,252 shares during the last quarter. Nicholas Wealth LLC. acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth about $1,164,000. Bank of New York Mellon Corp grew its holdings in shares of Invesco NASDAQ 100 ETF by 8.1% during the fourth quarter. Bank of New York Mellon Corp now owns 835,930 shares of the company’s stock worth $211,423,000 after buying an additional 62,705 shares in the last quarter. JDM Financial Group LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 37.2% during the first quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock worth $1,879,000 after buying an additional 2,143 shares in the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV raised its position in shares of Invesco NASDAQ 100 ETF by 4.2% in the fourth quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 48,765 shares of the company’s stock valued at $12,334,000 after buying an additional 1,971 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $301.41 on Friday. The company has a market capitalization of $103.46 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The company’s 50 day simple moving average is $293.38 and its 200 day simple moving average is $273.55. Invesco NASDAQ 100 ETF has a 1 year low of $228.75 and a 1 year high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.