Thrivent Financial for Lutherans Buys 3,212 Shares of Invesco NASDAQ 100 ETF $QQQM

Thrivent Financial for Lutherans grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 216,780 shares of the company’s stock after acquiring an additional 3,212 shares during the quarter. Thrivent Financial for Lutherans owned 0.08% of Invesco NASDAQ 100 ETF worth $55,256,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of QQQM. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after acquiring an additional 3,005,140 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $538,021,000. Bouchey Financial Group Ltd increased its stake in shares of Invesco NASDAQ 100 ETF by 68,507.2% in the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock valued at $148,708,000 after acquiring an additional 587,107 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Invesco NASDAQ 100 ETF by 25.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,285,296 shares of the company’s stock valued at $560,746,000 after acquiring an additional 469,957 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 22.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,309,059 shares of the company’s stock valued at $570,665,000 after acquiring an additional 422,032 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $291.89 on Friday. The stock has a market cap of $87.62 billion, a PE ratio of 31.95 and a beta of 1.21. The stock has a 50-day moving average of $258.72 and a 200-day moving average of $255.37. Invesco NASDAQ 100 ETF has a one year low of $208.18 and a one year high of $297.29.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.3277 per share. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.