Invesco NASDAQ 100 ETF $QQQM Shares Sold by Clal Insurance Enterprises Holdings Ltd

Clal Insurance Enterprises Holdings Ltd reduced its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 46.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,500,663 shares of the company’s stock after selling 1,276,000 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 2.1% of Clal Insurance Enterprises Holdings Ltd’s holdings, making the stock its 9th biggest holding. Clal Insurance Enterprises Holdings Ltd owned approximately 0.50% of Invesco NASDAQ 100 ETF worth $356,588,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Summit Global Investments raised its stake in Invesco NASDAQ 100 ETF by 7.8% in the first quarter. Summit Global Investments now owns 1,845 shares of the company’s stock valued at $438,000 after purchasing an additional 134 shares in the last quarter. Legacy Wealth Managment LLC ID raised its holdings in shares of Invesco NASDAQ 100 ETF by 2,146.3% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 9,075 shares of the company’s stock worth $2,156,000 after buying an additional 8,671 shares in the last quarter. Florida Financial Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 71.0% during the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after buying an additional 7,252 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 286.4% during the 1st quarter. Parallel Advisors LLC now owns 4,830 shares of the company’s stock worth $1,148,000 after buying an additional 3,580 shares during the last quarter. Finally, Vision Retirement LLC boosted its stake in Invesco NASDAQ 100 ETF by 112.3% in the first quarter. Vision Retirement LLC now owns 4,840 shares of the company’s stock valued at $1,150,000 after buying an additional 2,560 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.9%

NASDAQ:QQQM opened at $291.90 on Wednesday. Invesco NASDAQ 100 ETF has a twelve month low of $227.00 and a twelve month high of $308.21. The stock’s 50-day simple moving average is $296.43 and its 200 day simple moving average is $269.48. The firm has a market capitalization of $98.54 billion, a PE ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was 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.