Sumitomo Mitsui DS Asset Management Company Ltd Has $1.78 Million Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 8,436 shares of the company’s stock after purchasing an additional 1,025 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Invesco NASDAQ 100 ETF were worth $1,775,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in QQQM. Calton & Associates Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 2.0% in the 4th quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after acquiring an additional 46 shares during the period. Fulcrum Equity Management raised its stake in shares of Invesco NASDAQ 100 ETF by 3.3% in the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after purchasing an additional 56 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after purchasing an additional 56 shares in the last quarter. Ridgecrest Wealth Partners LLC lifted its position in Invesco NASDAQ 100 ETF by 4.4% in the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock worth $288,000 after purchasing an additional 60 shares during the period. Finally, Sugarloaf Wealth Management LLC boosted its stake in Invesco NASDAQ 100 ETF by 3.4% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock worth $431,000 after buying an additional 68 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $217.86 on Tuesday. The firm has a fifty day moving average of $214.59 and a 200-day moving average of $204.12. The stock has a market cap of $43.26 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.3103 dividend. 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.