Cabot Wealth Management Inc. Has $3.14 Million Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Cabot Wealth Management Inc. lowered its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,910 shares of the company’s stock after selling 363 shares during the quarter. Cabot Wealth Management Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $3,138,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Strategic Financial Concepts LLC increased its position in shares of Invesco NASDAQ 100 ETF by 26,756.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock worth $1,304,234,000 after purchasing an additional 6,174,281 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings 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 buying an additional 754,700 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised its position in Invesco NASDAQ 100 ETF by 30.1% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock worth $648,817,000 after acquiring an additional 713,000 shares in the last quarter. Meitav Investment House Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 12.7% in the fourth quarter. Meitav Investment House Ltd. now owns 1,791,275 shares of the company’s stock valued at $376,669,000 after acquiring an additional 201,737 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Invesco NASDAQ 100 ETF by 13.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock valued at $331,762,000 after acquiring an additional 194,261 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $216.61 on Friday. 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 capitalization of $43.01 billion, a PE ratio of 34.39 and a beta of 1.18. The company’s 50-day moving average is $215.48 and its 200-day moving average is $206.10.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.3103 dividend. 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.