US Bancorp DE Increases Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

US Bancorp DE grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 291,867 shares of the company’s stock after buying an additional 9,308 shares during the quarter. US Bancorp DE owned 0.12% of Invesco NASDAQ 100 ETF worth $66,283,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Union Bancaire Privee UBP SA purchased a new position in shares of Invesco NASDAQ 100 ETF in the first quarter valued at $25,000. Westwind Capital purchased a new position in shares of Invesco NASDAQ 100 ETF in the first quarter valued at $27,000. NorthRock Partners LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter valued at $28,000. Crews Bank & Trust increased its position in Invesco NASDAQ 100 ETF by 328.6% during the 1st quarter. Crews Bank & Trust now owns 150 shares of the company’s stock worth $29,000 after purchasing an additional 115 shares in the last quarter. Finally, Hughes Financial Services LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 1st quarter worth about $30,000.

Invesco NASDAQ 100 ETF Trading Down 0.1%

Invesco NASDAQ 100 ETF stock opened at $251.41 on Friday. The stock has a market cap of $64.63 billion, a PE ratio of 31.95 and a beta of 1.18. The stock has a 50-day moving average price of $240.07 and a 200 day moving average price of $220.37. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $251.84.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were given a dividend of $0.3025 per share. This represents a $1.21 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, September 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.