Relyea Zuckerberg Hanson LLC Has $2.40 Million Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Relyea Zuckerberg Hanson LLC lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,398 shares of the company’s stock after acquiring an additional 337 shares during the period. Relyea Zuckerberg Hanson LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,399,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. National Mutual Insurance Federation of Agricultural Cooperatives grew its position 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 valued at $476,014,000 after purchasing an additional 1,712,000 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted 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 period. Main Management Fund Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $65,598,000. Meitav Investment House Ltd. increased its position in Invesco NASDAQ 100 ETF by 25.7% in the 3rd 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 during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in Invesco NASDAQ 100 ETF by 19.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock worth $337,951,000 after buying an additional 283,257 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM traded up $2.98 during mid-day trading on Friday, hitting $214.20. The company’s stock had a trading volume of 299,307 shares, compared to its average volume of 2,095,747. The stock’s 50-day moving average is $212.32 and its two-hundred day moving average is $202.42. The firm has a market capitalization of $39.66 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $168.46 and a one year high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

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