Fulton Bank N.A. Takes Position in Invesco NASDAQ 100 ETF $QQQM

Fulton Bank N.A. acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,040 shares of the company’s stock, valued at approximately $2,436,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Invesco Ltd. grew its holdings in shares of Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after purchasing an additional 468,626 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 1.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock worth $926,749,000 after purchasing an additional 65,487 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its holdings 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 worth $783,561,000 after purchasing an additional 3,005,140 shares during the last quarter. Raymond James Financial Inc. boosted its position in Invesco NASDAQ 100 ETF by 11.9% during the 4th quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock valued at $742,825,000 after purchasing an additional 313,262 shares during the period. Finally, National Mutual Insurance Federation of Agricultural Cooperatives boosted its position in Invesco NASDAQ 100 ETF by 5.1% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock valued at $666,191,000 after purchasing an additional 129,000 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $295.83 on Wednesday. The company has a market cap of $101.55 billion, a P/E ratio of 31.95 and a beta of 1.23. The stock has a fifty day moving average price of $293.62 and a 200 day moving average price of $272.93. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $308.21.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.