Madison Wealth Partners Inc Buys 577 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Madison Wealth Partners Inc lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,488 shares of the company’s stock after purchasing an additional 577 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 0.6% of Madison Wealth Partners Inc’s holdings, making the stock its 29th largest position. Madison Wealth Partners Inc’s holdings in Invesco NASDAQ 100 ETF were worth $1,997,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Strategic Financial Concepts LLC raised its stake 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 valued at $1,304,234,000 after purchasing an additional 6,174,281 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its stake in 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 worth $1,240,851,000 after acquiring an additional 754,700 shares during the last quarter. First Command Advisory Services Inc. increased its stake in 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 worth $1,021,296,000 after acquiring an additional 37,600 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in 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 worth $648,817,000 after acquiring an additional 713,000 shares during the last quarter. Finally, Meitav Investment House Ltd. increased its stake in 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 worth $376,669,000 after acquiring an additional 201,737 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.2 %

Shares of NASDAQ QQQM opened at $196.38 on Thursday. The firm has a market capitalization of $39.00 billion, a P/E ratio of 33.44 and a beta of 1.18. The stock’s 50-day simple moving average is $212.66 and its two-hundred day simple moving average is $207.42. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced 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.