Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by AlphaStar Capital Management LLC

AlphaStar Capital Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 16.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,365 shares of the company’s stock after purchasing an additional 192 shares during the quarter. AlphaStar Capital Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $287,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in QQQM. Strategic Financial Concepts LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 26,756.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after buying an additional 6,174,281 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its stake in Invesco NASDAQ 100 ETF by 13.9% during 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 during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its stake in Invesco NASDAQ 100 ETF by 260.2% during the 3rd 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 purchasing an additional 1,712,000 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings 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 valued at $331,762,000 after purchasing an additional 194,261 shares during the period. Finally, Meitav Investment House Ltd. raised its stake in shares of Invesco NASDAQ 100 ETF by 25.7% in the third quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock worth $319,132,000 after purchasing an additional 324,887 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 1.2 %

Shares of NASDAQ QQQM opened at $215.35 on Monday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The business’s 50 day moving average price is $214.59 and its 200 day moving average price is $204.03. The firm has a market cap of $42.76 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.3103 dividend. 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.