Commonwealth Financial Services LLC Has $2.69 Million Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Commonwealth Financial Services LLC lowered its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,762 shares of the company’s stock after selling 517 shares during the quarter. Commonwealth Financial Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,686,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQM. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in Invesco NASDAQ 100 ETF by 260.2% in the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock valued at $476,014,000 after buying an additional 1,712,000 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its holdings in Invesco NASDAQ 100 ETF by 13.9% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after buying an additional 754,700 shares during the last quarter. Main Management Fund Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $65,598,000. Meitav Investment House Ltd. grew its holdings in shares of Invesco NASDAQ 100 ETF by 25.7% during the 3rd quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock worth $319,132,000 after purchasing an additional 324,887 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 13.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after purchasing an additional 194,261 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.8 %

Shares of NASDAQ:QQQM opened at $213.31 on Tuesday. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $221.92. The firm has a market capitalization of $42.31 billion, a PE ratio of 34.39 and a beta of 1.18. The business’s 50 day moving average is $213.88 and its 200-day moving average is $203.42.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders 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.