Harel Insurance Investments & Financial Services Ltd. Buys New Shares in Invesco NASDAQ 100 ETF $QQQM

Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,800 shares of the company’s stock, valued at approximately $1,973,000.

A number of other large investors also recently modified their holdings of the company. SBI Securities Co. Ltd. lifted its stake in shares of Invesco NASDAQ 100 ETF by 13.1% during the 4th quarter. SBI Securities Co. Ltd. now owns 17,924 shares of the company’s stock valued at $4,533,000 after buying an additional 2,077 shares in the last quarter. Garner Asset Management Corp purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. Liberty Atlantic Advisors LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $598,000. Milestone Asset Management Group LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 8.8% during the 4th quarter. Milestone Asset Management Group LLC now owns 2,784 shares of the company’s stock valued at $704,000 after buying an additional 226 shares in the last quarter. Finally, Alta Wealth Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 44.3% during the 4th quarter. Alta Wealth Advisors LLC now owns 3,569 shares of the company’s stock valued at $903,000 after buying an additional 1,096 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $286.40 on Thursday. Invesco NASDAQ 100 ETF has a fifty-two week low of $196.36 and a fifty-two week high of $286.52. The firm’s fifty day moving average is $252.89 and its 200 day moving average is $253.37. The stock has a market cap of $85.97 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a $0.3277 dividend. This represents a $1.31 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, March 23rd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.