Goldstein Advisors LLC Decreases Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Goldstein Advisors LLC reduced its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 7,533 shares of the company’s stock after selling 76 shares during the period. Goldstein Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,585,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. National Mutual Insurance Federation of Agricultural Cooperatives boosted its stake 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 valued at $476,014,000 after acquiring an additional 1,712,000 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its holdings in 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 valued at $1,240,851,000 after purchasing an additional 754,700 shares in the last quarter. Main Management Fund Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $65,598,000. Meitav Investment House Ltd. grew its holdings in shares of Invesco NASDAQ 100 ETF by 25.7% during the third quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock worth $319,132,000 after buying an additional 324,887 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of 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 valued at $337,951,000 after buying an additional 283,257 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $218.83 on Thursday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92. The firm’s 50 day moving average price is $212.55 and its 200 day moving average price is $202.73. The firm has a market cap of $42.36 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared 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.