Invesco NASDAQ 100 ETF $QQQM Stock Holdings Lessened by Taiyo Life Insurance Co.

Taiyo Life Insurance Co. trimmed its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 31.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 263,000 shares of the company’s stock after selling 120,000 shares during the period. Invesco NASDAQ 100 ETF comprises 6.9% of Taiyo Life Insurance Co.’s portfolio, making the stock its 7th largest position. Taiyo Life Insurance Co. owned 0.09% of Invesco NASDAQ 100 ETF worth $62,494,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of QQQM. Garner Asset Management Corp bought a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $25,000. Imprint Wealth LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. SJS Investment Consulting Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the first quarter valued at approximately $40,000. Osbon Capital Management LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $41,000. Finally, Bank & Trust Co bought a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $46,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $286.31 on Monday. The stock has a fifty day moving average of $296.55 and a 200 day moving average of $268.98. Invesco NASDAQ 100 ETF has a 52 week low of $227.00 and a 52 week high of $308.21. The firm has a market capitalization of $96.50 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.3522 dividend. The ex-dividend date was Monday, June 22nd. This represents a $1.41 annualized dividend 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.