Apexium Financial LP Raises Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Apexium Financial LP lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,579 shares of the company’s stock after acquiring an additional 2,997 shares during the period. Invesco NASDAQ 100 ETF accounts for about 0.7% of Apexium Financial LP’s portfolio, making the stock its 21st biggest holding. Apexium Financial LP’s holdings in Invesco NASDAQ 100 ETF were worth $11,486,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in QQQM. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Invesco NASDAQ 100 ETF by 13.9% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock worth $1,240,851,000 after buying an additional 754,700 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted its position in shares of 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 acquiring an additional 1,712,000 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in 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 worth $337,951,000 after purchasing an additional 283,257 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 13.3% in the 4th 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 in the last quarter. Finally, Meitav Investment House Ltd. increased its holdings in shares of 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 last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.6 %

QQQM opened at $218.05 on Monday. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $221.92. The stock has a 50-day moving average of $213.18 and a 200 day moving average of $203.03. The firm has a market cap of $42.31 billion, a P/E 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. Investors 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.

About Invesco NASDAQ 100 ETF

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.