Invesco NASDAQ 100 ETF $QQQM Position Increased by E Fund Management Hong Kong Co. Ltd.

E Fund Management Hong Kong Co. Ltd. raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1,473.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,695 shares of the company’s stock after buying an additional 5,333 shares during the period. Invesco NASDAQ 100 ETF makes up about 0.9% of E Fund Management Hong Kong Co. Ltd.’s investment portfolio, making the stock its 21st largest holding. E Fund Management Hong Kong Co. Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $1,407,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Bison Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $393,000. Capstone Wealth Management Group LLC increased its stake in Invesco NASDAQ 100 ETF by 9.6% in the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after buying an additional 3,220 shares during the period. AQR Capital Management LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 35.6% in the first quarter. AQR Capital Management LLC now owns 38,723 shares of the company’s stock worth $7,474,000 after acquiring an additional 10,157 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after purchasing an additional 819 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in Invesco NASDAQ 100 ETF in the first quarter worth approximately $742,000.

Invesco NASDAQ 100 ETF Trading Up 0.9%

Invesco NASDAQ 100 ETF stock opened at $256.69 on Wednesday. The company has a market capitalization of $71.12 billion, a P/E ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23. The firm’s fifty day simple moving average is $253.77 and its 200-day simple moving average is $243.56.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.323 dividend. The ex-dividend date was Monday, December 22nd. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%.

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.