Secure Asset Management LLC Buys 3,266 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Secure Asset Management LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 32,466 shares of the company’s stock after acquiring an additional 3,266 shares during the period. Invesco NASDAQ 100 ETF makes up about 1.0% of Secure Asset Management LLC’s investment portfolio, making the stock its 16th largest position. Secure Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,832,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in QQQM. Clal Insurance Enterprises Holdings Ltd lifted its stake in Invesco NASDAQ 100 ETF by 13.9% in the third 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 last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised 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 purchasing an additional 1,712,000 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in 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 purchasing an additional 283,257 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Invesco NASDAQ 100 ETF by 13.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after purchasing an additional 194,261 shares during the period. Finally, Meitav Investment House Ltd. increased its position in Invesco NASDAQ 100 ETF by 25.7% during the third quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock worth $319,132,000 after buying an additional 324,887 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.2 %

QQQM opened at $219.31 on Friday. The stock has a market cap of $42.45 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $221.92. The business has a 50 day moving average of $212.71 and a 200-day moving average of $202.84.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.3103 per share. 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.