Winthrop Advisory Group LLC Makes New $1.10 Million Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Winthrop Advisory Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 5,212 shares of the company’s stock, valued at approximately $1,097,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of 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 valued at $1,240,851,000 after buying an additional 754,700 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted its holdings in shares of 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 valued at $476,014,000 after buying an additional 1,712,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 19.8% in 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 buying an additional 283,257 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings 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 buying an additional 194,261 shares in the last quarter. Finally, Meitav Investment House Ltd. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 25.7% in the 3rd quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock valued at $319,132,000 after buying an additional 324,887 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 1.1 %

Shares of NASDAQ:QQQM traded down $2.20 during trading on Monday, reaching $206.65. The stock had a trading volume of 478,052 shares, compared to its average volume of 2,287,652. Invesco NASDAQ 100 ETF has a one year low of $165.86 and a one year high of $221.92. The company has a market capitalization of $38.12 billion, a P/E ratio of 34.39 and a beta of 1.18. The firm’s 50-day simple moving average is $211.96 and its 200 day simple moving average is $202.14.

Invesco NASDAQ 100 ETF Announces Dividend

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

About Invesco NASDAQ 100 ETF

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.