Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Financial Enhancement Group LLC

Financial Enhancement Group LLC increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,305 shares of the company’s stock after acquiring an additional 4,947 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 1.3% of Financial Enhancement Group LLC’s holdings, making the stock its 27th biggest holding. Financial Enhancement Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $10,290,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Invesco Ltd. boosted its stake in Invesco NASDAQ 100 ETF by 4.2% in the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after acquiring an additional 468,626 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its position in shares of Invesco NASDAQ 100 ETF by 0.6% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,882,663 shares of the company’s stock worth $959,484,000 after purchasing an additional 22,000 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco NASDAQ 100 ETF by 1.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock worth $926,749,000 after purchasing an additional 65,487 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after purchasing an additional 3,005,140 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 11.9% in the 4th quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock worth $742,825,000 after purchasing an additional 313,262 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $292.05 on Thursday. Invesco NASDAQ 100 ETF has a 12-month low of $222.07 and a 12-month high of $308.21. The firm has a market capitalization of $87.67 billion, a P/E ratio of 31.95 and a beta of 1.23. The business has a 50 day simple moving average of $288.94 and a 200 day simple moving average of $264.19.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be paid a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, June 22nd.

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.