Caprock Group LLC Boosts Holdings in Invesco NASDAQ 100 ETF $QQQM

Caprock Group LLC lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,986 shares of the company’s stock after purchasing an additional 4,390 shares during the quarter. Caprock Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of QQQM. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after purchasing an additional 3,005,140 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth about $538,021,000. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 4,547.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 924,520 shares of the company’s stock worth $228,467,000 after purchasing an additional 904,626 shares during the last quarter. Bouchey Financial Group Ltd raised its position in shares of Invesco NASDAQ 100 ETF by 68,507.2% in the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after purchasing an additional 587,107 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in Invesco NASDAQ 100 ETF by 25.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,285,296 shares of the company’s stock worth $560,746,000 after buying an additional 469,957 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $269.63 on Thursday. Invesco NASDAQ 100 ETF has a fifty-two week low of $186.46 and a fifty-two week high of $269.81. The business has a 50-day simple moving average of $248.62 and a two-hundred day simple moving average of $251.84. The firm has a market cap of $80.16 billion, a price-to-earnings ratio of 31.95 and a beta of 1.19.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.3277 dividend. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.31 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.