43,107 Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Purchased by Elios Financial Group Inc.

Elios Financial Group Inc. bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 43,107 shares of the company’s stock, valued at approximately $8,658,000. Invesco NASDAQ 100 ETF comprises approximately 4.0% of Elios Financial Group Inc.’s holdings, making the stock its 5th biggest holding.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 1,650.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock valued at $1,529,744,000 after buying an additional 7,317,531 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its stake in Invesco NASDAQ 100 ETF by 13.9% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock worth $1,240,851,000 after purchasing an additional 754,700 shares during the period. Strategic Financial Concepts LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 10,544.5% during the second quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock worth $7,917,000 after purchasing an additional 3,978,954 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted its stake in shares of Invesco NASDAQ 100 ETF by 260.2% in the third 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 purchasing an additional 1,712,000 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco NASDAQ 100 ETF by 19.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock valued at $337,951,000 after purchasing an additional 283,257 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.2 %

Shares of QQQM opened at $208.51 on Tuesday. Invesco NASDAQ 100 ETF has a fifty-two week low of $157.44 and a fifty-two week high of $212.19. The company has a market cap of $35.53 billion, a P/E ratio of 34.39 and a beta of 1.18. The firm’s 50 day moving average price is $203.21 and its 200 day moving average price is $196.58.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.30 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 0.58%.

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.