Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Worth Asset Management LLC’s 8th Largest Position

Worth Asset Management LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 33.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 20,062 shares of the company’s stock after purchasing an additional 4,985 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 2.3% of Worth Asset Management LLC’s investment portfolio, making the stock its 8th largest holding. Worth Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in Invesco NASDAQ 100 ETF by 1,650.6% during the second quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock valued at $1,529,744,000 after purchasing an additional 7,317,531 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake 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 during the period. National Mutual Insurance Federation of Agricultural Cooperatives lifted 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 buying an additional 1,712,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco NASDAQ 100 ETF by 19.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock valued at $337,951,000 after acquiring an additional 283,257 shares during the period. Finally, Meitav Investment House Ltd. increased its holdings in 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 acquiring an additional 324,887 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.2 %

NASDAQ QQQM traded down $0.45 on Wednesday, reaching $211.64. 953,512 shares of the stock were exchanged, compared to its average volume of 2,333,566. The firm has a market capitalization of $39.03 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $165.37 and a one year high of $221.92. The company’s 50-day simple moving average is $211.38 and its two-hundred day simple moving average is $201.84.

Invesco NASDAQ 100 ETF Announces Dividend

The company 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 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.