Marshall Wace LLP Takes Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Marshall Wace LLP acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 9,596 shares of the company’s stock, valued at approximately $1,891,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. increased its position in Invesco NASDAQ 100 ETF by 92.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 25,051 shares of the company’s stock worth $4,222,000 after purchasing an additional 12,061 shares during the last quarter. Morningstar Investment Services LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $337,000. Waterloo Capital L.P. lifted its holdings in Invesco NASDAQ 100 ETF by 14.9% in the fourth quarter. Waterloo Capital L.P. now owns 62,673 shares of the company’s stock valued at $10,563,000 after acquiring an additional 8,150 shares during the last quarter. Core Wealth Advisors Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 25.9% in the fourth quarter. Core Wealth Advisors Inc. now owns 432 shares of the company’s stock valued at $73,000 after acquiring an additional 89 shares during the last quarter. Finally, Cabana LLC acquired a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth $2,155,000.

Invesco NASDAQ 100 ETF Stock Up 1.2 %

NASDAQ:QQQM opened at $200.56 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $140.84 and a 52 week high of $207.24. The stock’s fifty day moving average is $193.26 and its two-hundred day moving average is $189.93. The company has a market capitalization of $33.79 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.30 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 0.60%.

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.