Armstrong Advisory Group Inc. Boosts Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Armstrong Advisory Group Inc. boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 20.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 970 shares of the company’s stock after purchasing an additional 167 shares during the period. Armstrong Advisory Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $204,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. National Mutual Insurance Federation of Agricultural Cooperatives raised its stake in shares of Invesco NASDAQ 100 ETF by 260.2% in the third 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 acquiring an additional 1,712,000 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in 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. Main Management Fund Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $65,598,000. Meitav Investment House Ltd. boosted its stake in shares of 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 valued at $319,132,000 after buying an additional 324,887 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco NASDAQ 100 ETF by 19.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock worth $337,951,000 after buying an additional 283,257 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.7 %

Shares of NASDAQ:QQQM opened at $211.22 on Friday. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.86 and a fifty-two week high of $221.92. The firm’s 50 day moving average price is $212.32 and its 200 day moving average price is $202.42. The stock has a market cap of $39.11 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.3103 dividend. 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.