Cape Investment Advisory Inc. Raises Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Cape Investment Advisory Inc. grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,133 shares of the company’s stock after purchasing an additional 410 shares during the period. Cape Investment Advisory Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $659,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Strategic Financial Concepts LLC increased its stake in 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 worth $1,304,234,000 after buying an additional 6,174,281 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Invesco NASDAQ 100 ETF by 13.9% during 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 acquiring an additional 754,700 shares during the period. First Command Advisory Services Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 0.8% during the fourth quarter. First Command Advisory Services Inc. now owns 4,852,917 shares of the company’s stock worth $1,021,296,000 after acquiring an additional 37,600 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives increased its position in shares of Invesco NASDAQ 100 ETF by 30.1% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock worth $648,817,000 after acquiring an additional 713,000 shares during the period. Finally, Meitav Investment House Ltd. increased its position in shares of Invesco NASDAQ 100 ETF by 12.7% during the fourth quarter. Meitav Investment House Ltd. now owns 1,791,275 shares of the company’s stock worth $376,669,000 after acquiring an additional 201,737 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 1.6 %

QQQM opened at $209.26 on Friday. The stock’s fifty day moving average is $214.93 and its two-hundred day moving average is $207.17. The company has a market capitalization of $41.55 billion, a P/E ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders 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.

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.