SOL Capital Management CO Raises Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

SOL Capital Management CO lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 105,074 shares of the company’s stock after acquiring an additional 10,231 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 2.5% of SOL Capital Management CO’s holdings, making the stock its 4th biggest holding. SOL Capital Management CO owned approximately 0.05% of Invesco NASDAQ 100 ETF worth $22,113,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in QQQM. Clal Insurance Enterprises Holdings Ltd increased its stake 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 worth $1,240,851,000 after purchasing an additional 754,700 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in shares of Invesco NASDAQ 100 ETF by 260.2% in 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 last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 13.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after buying an additional 194,261 shares during the period. Meitav Investment House Ltd. raised its holdings in Invesco NASDAQ 100 ETF by 25.7% during the 3rd quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock valued at $319,132,000 after buying an additional 324,887 shares during the last quarter. Finally, FMR LLC raised its holdings in Invesco NASDAQ 100 ETF by 5.0% during the 3rd quarter. FMR LLC now owns 1,544,221 shares of the company’s stock valued at $310,157,000 after buying an additional 74,138 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.4 %

Shares of Invesco NASDAQ 100 ETF stock opened at $215.34 on Friday. The company’s fifty day simple moving average is $213.60 and its two-hundred day simple moving average is $203.23. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $221.92. The firm has a market cap of $42.10 billion, a PE 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. Investors of record on Monday, December 23rd were issued a dividend of $0.3103 per share. The ex-dividend date was Monday, December 23rd.

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.