Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. lessened its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.4% during the fourth quarter, HoldingsChannel reports. The fund owned 94,456 shares of the company’s stock after selling 6,457 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $19,878,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Strategic Financial Concepts LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 26,756.3% in 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 acquiring an additional 6,174,281 shares in the last quarter. Consolidated Portfolio Review Corp increased its stake in Invesco NASDAQ 100 ETF by 60.6% during the fourth quarter. Consolidated Portfolio Review Corp now owns 1,685 shares of the company’s stock worth $355,000 after acquiring an additional 636 shares during the last quarter. IMC Chicago LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $208,737,000. Rik Saylor Financial Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $1,364,000. Finally, Elm3 Financial Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $3,768,000.

Invesco NASDAQ 100 ETF Stock Up 0.5 %

Shares of NASDAQ QQQM opened at $218.04 on Friday. The business has a 50 day moving average price of $214.28 and a two-hundred day moving average price of $203.77. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $221.92. The firm has a market cap of $43.30 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

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