Fifth Third Bancorp Boosts Stake in Invesco NASDAQ 100 ETF $QQQM

Fifth Third Bancorp lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5,425.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,444 shares of the company’s stock after buying an additional 10,255 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco NASDAQ 100 ETF were worth $2,482,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Triton Wealth Management PLLC increased its stake in Invesco NASDAQ 100 ETF by 1.7% during the 1st quarter. Triton Wealth Management PLLC now owns 8,396 shares of the company’s stock valued at $2,029,000 after purchasing an additional 142 shares in the last quarter. Simplicity Wealth LLC raised its holdings in Invesco NASDAQ 100 ETF by 22.3% in the 1st quarter. Simplicity Wealth LLC now owns 2,821 shares of the company’s stock worth $670,000 after acquiring an additional 514 shares during the last quarter. Petix & Botte Co lifted its position in Invesco NASDAQ 100 ETF by 14.4% in the 1st quarter. Petix & Botte Co now owns 54,353 shares of the company’s stock valued at $12,916,000 after acquiring an additional 6,841 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 49.3% during the 1st quarter. Sequoia Financial Advisors LLC now owns 5,796 shares of the company’s stock valued at $1,377,000 after purchasing an additional 1,914 shares during the last quarter. Finally, Elevated Capital Advisors LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 3,018.6% in the 1st quarter. Elevated Capital Advisors LLC now owns 1,840 shares of the company’s stock worth $437,000 after purchasing an additional 1,781 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $291.90 on Wednesday. Invesco NASDAQ 100 ETF has a 1 year low of $227.00 and a 1 year high of $308.21. The company has a market cap of $98.54 billion, a P/E ratio of 31.95 and a beta of 1.22. The stock’s fifty day moving average price is $296.43 and its 200-day moving average price is $269.48.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

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.