Morningstar Investment Services LLC Takes $337,000 Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Morningstar Investment Services LLC acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,993 shares of the company’s stock, valued at approximately $337,000.

Several other large investors also recently added to or reduced their stakes in QQQM. J.P. Morgan Private Wealth Advisors LLC grew its stake in Invesco NASDAQ 100 ETF by 32.6% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 8,485 shares of the company’s stock valued at $1,251,000 after buying an additional 2,086 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Invesco NASDAQ 100 ETF by 39.3% in the third quarter. Janney Montgomery Scott LLC now owns 17,486 shares of the company’s stock valued at $2,578,000 after purchasing an additional 4,936 shares in the last quarter. Pathstone Family Office LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $441,000. HighTower Advisors LLC lifted its holdings in Invesco NASDAQ 100 ETF by 7.7% during the 3rd quarter. HighTower Advisors LLC now owns 39,106 shares of the company’s stock worth $5,764,000 after purchasing an additional 2,794 shares in the last quarter. Finally, UBS Group AG boosted its stake in Invesco NASDAQ 100 ETF by 52.4% in the 3rd quarter. UBS Group AG now owns 157,235 shares of the company’s stock worth $23,178,000 after purchasing an additional 54,093 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 0.1 %

Shares of NASDAQ:QQQM opened at $190.53 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $140.84 and a 12 month high of $191.62. The stock has a market cap of $24.71 billion, a P/E ratio of 34.39 and a beta of 1.18. The company has a 50 day moving average of $181.92 and a 200 day moving average of $175.85.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a $0.3454 dividend. The ex-dividend date was Monday, March 18th. This represents a $1.38 annualized dividend and a dividend yield of 0.73%.

About Invesco NASDAQ 100 ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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