Transcendent Capital Group LLC Boosts Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Transcendent Capital Group LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 43.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,490 shares of the company’s stock after acquiring an additional 7,736 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 2.8% of Transcendent Capital Group LLC’s investment portfolio, making the stock its 8th largest holding. Transcendent Capital Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,364,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 26,756.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after buying an additional 6,174,281 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its stake 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 valued at $1,240,851,000 after acquiring an additional 754,700 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings 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 during the period. Meitav Investment House Ltd. raised its position in shares of 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 worth $376,669,000 after acquiring an additional 201,737 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in 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 Stock Down 1.2 %

Shares of QQQM opened at $214.04 on Tuesday. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $222.64. The stock has a market cap of $42.50 billion, a PE ratio of 34.39 and a beta of 1.18. The firm’s fifty day moving average is $215.48 and its two-hundred day moving average is $206.47.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced 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 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.