N.E.W. Advisory Services LLC Makes New Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

N.E.W. Advisory Services LLC acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 963 shares of the company’s stock, valued at approximately $203,000.

Several other large investors also recently modified their holdings of QQQM. National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in shares of Invesco NASDAQ 100 ETF by 260.2% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after purchasing an additional 1,712,000 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its position in Invesco NASDAQ 100 ETF by 13.9% during 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 buying an additional 754,700 shares during the period. Main Management Fund Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter worth $65,598,000. 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 valued at $319,132,000 after acquiring an additional 324,887 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 13.3% in 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 acquiring an additional 194,261 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.2 %

Shares of Invesco NASDAQ 100 ETF stock opened at $214.99 on Friday. The stock has a market capitalization of $42.03 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $221.92. The company has a 50-day simple moving average of $213.88 and a two-hundred day simple moving average of $203.38.

Invesco NASDAQ 100 ETF Dividend Announcement

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