Raymond James Trust N.A. Purchases Shares of 1,201 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Raymond James Trust N.A. purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,201 shares of the company’s stock, valued at approximately $202,000.

Several other large investors have also recently modified their holdings of QQQM. Bank of New York Mellon Corp increased its holdings in shares of Invesco NASDAQ 100 ETF by 18,603.9% in the third quarter. Bank of New York Mellon Corp now owns 888,621 shares of the company’s stock worth $130,992,000 after buying an additional 883,870 shares during the period. Banco Santander S.A. purchased a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth about $102,435,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Invesco NASDAQ 100 ETF by 193.4% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 986,492 shares of the company’s stock worth $146,958,000 after buying an additional 650,217 shares during the period. LPL Financial LLC increased its holdings in Invesco NASDAQ 100 ETF by 12.4% during the 3rd quarter. LPL Financial LLC now owns 3,883,222 shares of the company’s stock valued at $572,426,000 after purchasing an additional 428,164 shares during the period. Finally, Invesco Ltd. increased its holdings in Invesco NASDAQ 100 ETF by 54.5% during the 1st quarter. Invesco Ltd. now owns 1,167,736 shares of the company’s stock valued at $173,958,000 after purchasing an additional 412,101 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $183.07 on Thursday. Invesco NASDAQ 100 ETF has a 1 year low of $125.34 and a 1 year high of $184.88. The company has a market cap of $22.16 billion, a PE ratio of 21.58 and a beta of 1.18. The stock’s 50-day moving average is $178.58 and its 200 day moving average is $164.47.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.3454 per share. The ex-dividend date was Monday, March 18th. This represents a $1.38 dividend on an annualized basis and a yield of 0.75%.

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.