Empire Life Investments Inc. Trims Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Empire Life Investments Inc. trimmed its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 67,000 shares of the company’s stock after selling 3,700 shares during the period. Empire Life Investments Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $14,100,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in QQQM. Creative Planning increased its stake in shares of Invesco NASDAQ 100 ETF by 11.6% during the third quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after acquiring an additional 2,149 shares during the period. SeaCrest Wealth Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth about $212,000. Vontobel Holding Ltd. increased its stake in shares of Invesco NASDAQ 100 ETF by 20.8% during the third quarter. Vontobel Holding Ltd. now owns 36,000 shares of the company’s stock worth $7,231,000 after acquiring an additional 6,200 shares during the period. Marshall Financial Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 6.9% during the third quarter. Marshall Financial Group LLC now owns 4,612 shares of the company’s stock worth $926,000 after acquiring an additional 296 shares during the period. Finally, Secure Asset Management LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 14.5% during the third quarter. Secure Asset Management LLC now owns 29,200 shares of the company’s stock worth $5,865,000 after acquiring an additional 3,693 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.4 %

Shares of Invesco NASDAQ 100 ETF stock opened at $221.56 on Friday. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $221.92. The company’s 50-day simple moving average is $214.96 and its 200-day simple moving average is $204.72. The firm has a market cap of $44.00 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.3103 per share. The ex-dividend date of this dividend 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.