Citizens Financial Group Inc. RI Boosts Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Citizens Financial Group Inc. RI lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 71,644 shares of the company’s stock after purchasing an additional 8,695 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Invesco NASDAQ 100 ETF were worth $15,077,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of QQQM. Financial Management Professionals Inc. purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth $25,000. Legacy Investment Solutions LLC purchased a new stake in Invesco NASDAQ 100 ETF during the third quarter worth $31,000. Kieckhefer Group LLC purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth $32,000. Blue Trust Inc. purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth $49,000. Finally, Hobbs Group Advisors LLC boosted its position in Invesco NASDAQ 100 ETF by 257.1% during the third quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after purchasing an additional 180 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $194.87 on Tuesday. The business’s fifty day moving average is $213.27 and its two-hundred day moving average is $207.52. The company has a market cap of $38.70 billion, a price-to-earnings ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $222.64.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.