IMC Chicago LLC Takes $208.74 Million Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

IMC Chicago LLC acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, Holdings Channel.com reports. The fund acquired 991,862 shares of the company’s stock, valued at approximately $208,737,000. Invesco NASDAQ 100 ETF makes up approximately 0.1% of IMC Chicago LLC’s portfolio, making the stock its 14th largest position.

A number of other institutional investors have also modified their holdings of the company. AQR Capital Management LLC purchased a new position in Invesco NASDAQ 100 ETF in the second quarter valued at $1,648,000. Evensky & Katz LLC boosted its holdings in Invesco NASDAQ 100 ETF by 21.8% in the third quarter. Evensky & Katz LLC now owns 19,388 shares of the company’s stock valued at $3,894,000 after purchasing an additional 3,471 shares during the period. Money Design Co. Ltd. boosted its holdings in Invesco NASDAQ 100 ETF by 2.2% in the third quarter. Money Design Co. Ltd. now owns 778,677 shares of the company’s stock valued at $156,397,000 after purchasing an additional 17,063 shares during the period. Northstar Group Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 5.4% during the 3rd quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock worth $271,000 after buying an additional 69 shares during the last quarter. Finally, Guardian Asset Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $6,471,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $218.04 on Friday. The company has a market capitalization of $43.30 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The business has a 50-day moving average of $214.28 and a two-hundred day moving average of $203.77. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.3103 per share. The ex-dividend date was Monday, December 23rd.

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.