CFS Investment Advisory Services LLC Increases Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

CFS Investment Advisory Services LLC grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,445 shares of the company’s stock after purchasing an additional 193 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,198,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. National Mutual Insurance Federation of Agricultural Cooperatives boosted its holdings in shares of Invesco NASDAQ 100 ETF by 260.2% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after purchasing an additional 1,712,000 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its position 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 worth $1,240,851,000 after buying an additional 754,700 shares during the last quarter. Main Management Fund Advisors LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $65,598,000. Meitav Investment House Ltd. lifted its stake in 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 worth $319,132,000 after acquiring an additional 324,887 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Invesco NASDAQ 100 ETF by 19.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock worth $337,951,000 after acquiring an additional 283,257 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 0.6 %

Shares of Invesco NASDAQ 100 ETF stock opened at $218.05 on Friday. The company’s fifty day simple moving average is $213.18 and its two-hundred day simple moving average is $203.05. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $221.92. The company has a market cap of $42.31 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors 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.