Waterloo Capital L.P. Buys 7,016 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Waterloo Capital L.P. grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 109,260 shares of the company’s stock after purchasing an additional 7,016 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 2.4% of Waterloo Capital L.P.’s portfolio, making the stock its 7th largest holding. Waterloo Capital L.P. owned 0.06% of Invesco NASDAQ 100 ETF worth $22,994,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of QQQM. Titleist Asset Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 17.5% during the 4th quarter. Titleist Asset Management LLC now owns 2,632 shares of the company’s stock worth $554,000 after purchasing an additional 392 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 1.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,653,767 shares of the company’s stock worth $1,610,735,000 after buying an additional 84,709 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Invesco NASDAQ 100 ETF by 1,271.5% in the fourth quarter. Wells Fargo & Company MN now owns 34,369 shares of the company’s stock valued at $7,233,000 after acquiring an additional 31,863 shares during the period. Smith Moore & CO. grew its stake in shares of Invesco NASDAQ 100 ETF by 9.8% in the fourth quarter. Smith Moore & CO. now owns 14,105 shares of the company’s stock worth $2,968,000 after acquiring an additional 1,263 shares during the last quarter. Finally, Forge Financial Services LLC bought a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth $12,124,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $174.28 on Friday. The company has a market cap of $35.58 billion, a PE ratio of 30.31 and a beta of 1.15. The firm has a fifty day moving average price of $206.47 and a two-hundred day moving average price of $207.72. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.3176 per share. The ex-dividend date was Monday, March 24th. This is an increase from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.