Commonwealth Equity Services LLC Buys 57,592 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Commonwealth Equity Services LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 634,659 shares of the company’s stock after purchasing an additional 57,592 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $133,564,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 26,756.3% in the 4th 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 in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $374,557,000. IMC Chicago LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth about $208,737,000. Clal Insurance Enterprises Holdings Ltd boosted its position in 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 valued at $1,240,851,000 after buying an additional 754,700 shares during the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives increased its holdings in Invesco NASDAQ 100 ETF by 30.1% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock worth $648,817,000 after buying an additional 713,000 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 1.2 %

QQQM opened at $196.38 on Thursday. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $222.64. The firm has a 50 day moving average of $212.66 and a two-hundred day moving average of $207.42. The firm has a market capitalization of $39.00 billion, a PE ratio of 33.44 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm 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.

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.