Rockefeller Capital Management L.P. Acquires 4,509 Shares of Invesco NASDAQ 100 ETF $QQQM

Rockefeller Capital Management L.P. lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,501 shares of the company’s stock after acquiring an additional 4,509 shares during the period. Rockefeller Capital Management L.P.’s holdings in Invesco NASDAQ 100 ETF were worth $6,450,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Garner Asset Management Corp purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $25,000. Imprint Wealth LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. Osbon Capital Management LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $41,000. Bank & Trust Co bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $46,000. Finally, Monetary Solutions Ltd bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $50,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $290.95 on Friday. The stock’s fifty day moving average is $290.23 and its 200 day moving average is $264.64. Invesco NASDAQ 100 ETF has a fifty-two week low of $224.15 and a fifty-two week high of $308.21. The firm has a market capitalization of $87.34 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.3522 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%.

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.