Barings LLC Buys 68,088 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Barings LLC boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1,429.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,850 shares of the company’s stock after acquiring an additional 68,088 shares during the quarter. Barings LLC’s holdings in Invesco NASDAQ 100 ETF were worth $15,331,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in QQQM. Strategic Financial Concepts LLC increased its stake in Invesco NASDAQ 100 ETF by 26,756.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after buying an additional 6,174,281 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at $374,557,000. IMC Chicago LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at $208,737,000. Clal Insurance Enterprises Holdings Ltd increased its stake in Invesco NASDAQ 100 ETF by 13.9% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after buying an additional 754,700 shares during the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in Invesco NASDAQ 100 ETF by 30.1% in the 4th 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 last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.7 %

Shares of QQQM stock opened at $202.50 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64. The firm’s fifty day moving average price is $213.61 and its two-hundred day moving average price is $207.46. The firm has a market capitalization of $40.21 billion, a P/E ratio of 33.44 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.3103 per share. The ex-dividend date of this dividend 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.