Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Investment Planning Advisors Inc.

Investment Planning Advisors Inc. lessened its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,297 shares of the company’s stock after selling 3,915 shares during the period. Invesco NASDAQ 100 ETF comprises 5.5% of Investment Planning Advisors Inc.’s investment portfolio, making the stock its 7th biggest holding. Investment Planning Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $12,690,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of 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 purchasing an additional 754,700 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in 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 during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 13.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after buying an additional 194,261 shares in the last quarter. Meitav Investment House Ltd. grew its holdings 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 in the last quarter. Finally, FMR LLC increased its position in shares of Invesco NASDAQ 100 ETF by 5.0% during the third quarter. FMR LLC now owns 1,544,221 shares of the company’s stock valued at $310,157,000 after acquiring an additional 74,138 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $211.71 on Tuesday. The business’s fifty day moving average is $213.18 and its 200-day moving average is $203.01. The stock has a market capitalization of $41.08 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

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

Invesco NASDAQ 100 ETF 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.