Mather Group LLC. Increases Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Mather Group LLC. lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 80.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 168 shares of the company’s stock after buying an additional 75 shares during the period. Mather Group LLC.’s holdings in Invesco NASDAQ 100 ETF were worth $32,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of QQQM. Union Bancaire Privee UBP SA purchased a new position in Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $25,000. Westwind Capital purchased a new position in Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $27,000. Crews Bank & Trust increased its stake in Invesco NASDAQ 100 ETF by 328.6% in the 1st quarter. Crews Bank & Trust now owns 150 shares of the company’s stock worth $29,000 after purchasing an additional 115 shares during the period. Nemes Rush Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $32,000. Finally, Tucker Asset Management LLC increased its stake in Invesco NASDAQ 100 ETF by 122.0% in the 4th quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock worth $43,000 after purchasing an additional 111 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $228.86 on Monday. The business’s 50 day simple moving average is $213.89 and its two-hundred day simple moving average is $207.75. The stock has a market capitalization of $53.11 billion, a P/E ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $229.35.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 23rd were paid a $0.3161 dividend. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.26 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date was Monday, June 23rd.

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.