Migdal Insurance & Financial Holdings Ltd. Reduces Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Migdal Insurance & Financial Holdings Ltd. decreased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 94,456 shares of the company’s stock after selling 6,457 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $19,878,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Strategic Financial Concepts LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 26,756.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock worth $1,304,234,000 after buying an additional 6,174,281 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of 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 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% during the 3rd 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 period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 13.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after purchasing an additional 194,261 shares during the period. Finally, Meitav Investment House Ltd. lifted its stake 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 worth $319,132,000 after acquiring an additional 324,887 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $218.04 on Friday. The stock has a 50-day simple moving average of $214.28 and a 200-day simple moving average of $203.77. The stock has a market capitalization of $43.30 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced 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 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.