Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stake Decreased by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC reduced its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,751 shares of the company’s stock after selling 699 shares during the quarter. Crescent Grove Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,842,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in Invesco NASDAQ 100 ETF by 260.2% during 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 period. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of 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 valued at $1,240,851,000 after acquiring an additional 754,700 shares during the period. Main Management Fund Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $65,598,000. Meitav Investment House Ltd. lifted its position in 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. Finally, Northwestern Mutual Wealth Management Co. boosted 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 valued at $337,951,000 after purchasing an additional 283,257 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $218.05 on Friday. The stock has a market cap of $42.31 billion, a PE ratio of 34.39 and a beta of 1.18. The business’s fifty day moving average is $213.18 and its 200-day moving average is $203.03. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92.

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 given a $0.3103 dividend. The ex-dividend date of this dividend 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.