Clal Insurance Enterprises Holdings Ltd Has $356.59 Million Position in Invesco NASDAQ 100 ETF $QQQM

Clal Insurance Enterprises Holdings Ltd decreased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 46.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,500,663 shares of the company’s stock after selling 1,276,000 shares during the period. Invesco NASDAQ 100 ETF makes up 2.1% of Clal Insurance Enterprises Holdings Ltd’s holdings, making the stock its 9th biggest holding. Clal Insurance Enterprises Holdings Ltd’s holdings in Invesco NASDAQ 100 ETF were worth $356,588,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in QQQM. Migdal Insurance & Financial Holdings Ltd. raised its stake in Invesco NASDAQ 100 ETF by 3,234.6% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after buying an additional 3,005,140 shares during the period. Principia Wealth Advisory LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 1,615.9% during the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock valued at $241,488,000 after acquiring an additional 899,154 shares in the last quarter. Bouchey Financial Group Ltd increased its holdings in shares of Invesco NASDAQ 100 ETF by 68,507.2% during the fourth quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock valued at $148,708,000 after acquiring an additional 587,107 shares in the last quarter. Meitav Investment House Ltd. raised its position in shares of Invesco NASDAQ 100 ETF by 25.3% during the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after purchasing an additional 520,102 shares during the period. Finally, Royal Bank of Canada raised its position in shares of Invesco NASDAQ 100 ETF by 62.9% during the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after purchasing an additional 497,004 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 1.9%

Shares of QQQM opened at $291.90 on Wednesday. The business’s fifty day moving average is $296.43 and its 200 day moving average is $269.48. Invesco NASDAQ 100 ETF has a 12-month low of $227.00 and a 12-month high of $308.21. The stock has a market cap of $98.54 billion, a P/E ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3522 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.41 annualized dividend and a dividend yield of 0.5%.

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.