Global View Capital Management LLC Buys 61,113 Shares of Invesco NASDAQ 100 ETF $QQQM

Global View Capital Management LLC increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 431.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,277 shares of the company’s stock after buying an additional 61,113 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 4.0% of Global View Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. Global View Capital Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $18,602,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. grew its stake in Invesco NASDAQ 100 ETF by 18.8% in the second quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock valued at $2,460,590,000 after acquiring an additional 1,715,025 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,601,275 shares of the company’s stock worth $1,726,216,000 after purchasing an additional 152,512 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd grew its position in Invesco NASDAQ 100 ETF by 73.1% in the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,860,663 shares of the company’s stock valued at $876,757,000 after purchasing an additional 1,630,000 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Invesco NASDAQ 100 ETF by 14.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,366,746 shares of the company’s stock valued at $764,588,000 after purchasing an additional 433,686 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in Invesco NASDAQ 100 ETF by 18.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,887,027 shares of the company’s stock valued at $428,543,000 after purchasing an additional 289,510 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.1%

QQQM opened at $255.71 on Tuesday. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23. The company has a market cap of $71.52 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The company’s fifty day moving average price is $253.75 and its two-hundred day moving average price is $245.58.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.323 per share. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 22nd. This represents a $1.29 dividend on an annualized basis 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.