World Investment Advisors Raises Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

World Investment Advisors increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 32.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,740 shares of the company’s stock after buying an additional 10,442 shares during the quarter. World Investment Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $8,995,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in QQQM. Strategic Financial Concepts LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 26,756.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock worth $1,304,234,000 after acquiring an additional 6,174,281 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $374,557,000. IMC Chicago LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $208,737,000. National Mutual Insurance Federation of Agricultural Cooperatives grew its position in Invesco NASDAQ 100 ETF by 30.1% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock valued at $648,817,000 after buying an additional 713,000 shares during the period. Finally, Independent Advisor Alliance purchased a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $137,690,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $196.00 on Thursday. The business’s 50 day moving average price is $208.02 and its 200-day moving average price is $207.92. The firm has a market capitalization of $40.02 billion, a price-to-earnings ratio of 30.31 and a beta of 1.15. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.3176 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, March 24th.

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.