Clal Insurance Enterprises Holdings Ltd Increases Position in Invesco NASDAQ 100 ETF $QQQM

Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,882,663 shares of the company’s stock after acquiring an additional 22,000 shares during the period. Invesco NASDAQ 100 ETF accounts for 7.3% of Clal Insurance Enterprises Holdings Ltd’s investment portfolio, making the stock its 2nd biggest holding. Clal Insurance Enterprises Holdings Ltd owned approximately 1.48% of Invesco NASDAQ 100 ETF worth $959,484,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Madison Wealth Partners Inc lifted its position in shares of Invesco NASDAQ 100 ETF by 2.3% during the 3rd quarter. Madison Wealth Partners Inc now owns 15,949 shares of the company’s stock worth $3,941,000 after purchasing an additional 351 shares during the last quarter. Huntington National Bank increased its position in Invesco NASDAQ 100 ETF by 14.3% in the 3rd quarter. Huntington National Bank now owns 630 shares of the company’s stock worth $156,000 after buying an additional 79 shares during the period. Clare Market Investments LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 5.4% during the third quarter. Clare Market Investments LLC now owns 1,955 shares of the company’s stock worth $483,000 after buying an additional 100 shares during the last quarter. TIAA Trust National Association bought a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at $230,000. Finally, Pacific Financial Group Inc. grew its position in Invesco NASDAQ 100 ETF by 6.3% during the third quarter. Pacific Financial Group Inc. now owns 3,438 shares of the company’s stock worth $850,000 after buying an additional 205 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $250.06 on Friday. The firm has a fifty day moving average of $253.73 and a 200-day moving average of $249.61. The stock has a market cap of $71.73 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a dividend of $0.323 per share. This represents a $1.29 annualized dividend and a dividend yield of 0.5%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Monday, December 22nd.

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.