Invesco NASDAQ 100 ETF $QQQM Stake Reduced by Clal Insurance Enterprises Holdings Ltd

Clal Insurance Enterprises Holdings Ltd cut its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 28.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,776,663 shares of the company’s stock after selling 1,106,000 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 4.5% of Clal Insurance Enterprises Holdings Ltd’s investment portfolio, making the stock its 5th biggest position. Clal Insurance Enterprises Holdings Ltd’s holdings in Invesco NASDAQ 100 ETF were worth $702,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of QQQM. Garner Asset Management Corp acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at about $25,000. New Millennium Group LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 671.4% during the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after acquiring an additional 94 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter valued at about $31,000. Imprint Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter valued at about $31,000. Finally, Bank & Trust Co acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at about $46,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $297.01 on Friday. The business has a 50-day moving average of $280.33 and a 200-day moving average of $261.51. The company has a market capitalization of $89.16 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 1-year low of $215.55 and a 1-year high of $308.21.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a $0.3277 dividend. The ex-dividend date was Monday, March 23rd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%.

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.