Mirae Asset Global Investments Co. Ltd. Acquires 84,570 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Mirae Asset Global Investments Co. Ltd. grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,053,802 shares of the company’s stock after purchasing an additional 84,570 shares during the period. Invesco NASDAQ 100 ETF makes up about 0.9% of Mirae Asset Global Investments Co. Ltd.’s portfolio, making the stock its 14th biggest position. Mirae Asset Global Investments Co. Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $226,352,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Berkshire Money Management Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth $250,000. Jackson Wealth Management LLC grew its position in Invesco NASDAQ 100 ETF by 10.9% during the 4th quarter. Jackson Wealth Management LLC now owns 73,177 shares of the company’s stock worth $15,400,000 after acquiring an additional 7,190 shares during the last quarter. Hager Investment Management Services LLC bought a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth $317,000. Stratos Wealth Partners LTD. increased its holdings in Invesco NASDAQ 100 ETF by 46.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 70,489 shares of the company’s stock worth $14,834,000 after purchasing an additional 22,380 shares in the last quarter. Finally, Guidance Capital Inc. bought a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at about $205,000.

Invesco NASDAQ 100 ETF Trading Up 1.2 %

NASDAQ:QQQM opened at $215.95 on Wednesday. The stock’s 50-day moving average is $213.98 and its 200-day moving average is $203.53. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $221.92. The stock has a market cap of $42.83 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.3103 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.