Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Exchange Traded Concepts LLC’s 8th Largest Position

Exchange Traded Concepts LLC lessened its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 17.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 371,122 shares of the company’s stock after selling 79,627 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 1.6% of Exchange Traded Concepts LLC’s holdings, making the stock its 8th biggest position. Exchange Traded Concepts LLC owned approximately 0.19% of Invesco NASDAQ 100 ETF worth $78,103,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in QQQM. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Invesco NASDAQ 100 ETF by 13.9% in 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 buying an additional 754,700 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives increased 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 worth $476,014,000 after acquiring an additional 1,712,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Invesco NASDAQ 100 ETF by 19.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock worth $337,951,000 after acquiring an additional 283,257 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Invesco NASDAQ 100 ETF by 13.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock valued at $331,762,000 after purchasing an additional 194,261 shares in the last quarter. Finally, Meitav Investment House Ltd. boosted its position in shares of Invesco NASDAQ 100 ETF by 25.7% in the third 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 during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $219.55 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92. The firm has a fifty day moving average price of $212.71 and a 200-day moving average price of $202.84. The stock has a market cap of $42.50 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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

Invesco NASDAQ 100 ETF Company 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.