Analyst IMS Investment Management Services Ltd. raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 656.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,458 shares of the company’s stock after purchasing an additional 31,638 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 0.3% of Analyst IMS Investment Management Services Ltd.’s holdings, making the stock its 27th biggest holding. Analyst IMS Investment Management Services Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $7,673,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the stock. Strategic Financial Concepts LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 26,756.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after purchasing an additional 6,174,281 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of 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 purchasing an additional 754,700 shares during the last quarter. First Command Advisory Services Inc. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 0.8% in the 4th quarter. First Command Advisory Services Inc. now owns 4,852,917 shares of the company’s stock valued at $1,021,296,000 after purchasing an additional 37,600 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted its holdings in shares of Invesco NASDAQ 100 ETF by 30.1% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock valued at $648,817,000 after purchasing an additional 713,000 shares during the last quarter. Finally, Meitav Investment House Ltd. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 12.7% in the 4th quarter. Meitav Investment House Ltd. now owns 1,791,275 shares of the company’s stock valued at $376,669,000 after purchasing an additional 201,737 shares during the last quarter.
Invesco NASDAQ 100 ETF Stock Down 1.8 %
Shares of QQQM opened at $192.82 on Friday. The company’s fifty day moving average is $212.31 and its two-hundred day moving average is $207.32. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $222.64. The firm has a market cap of $38.29 billion, a PE ratio of 33.44 and a beta of 1.18.
Invesco NASDAQ 100 ETF Announces Dividend
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.
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