Secure Asset Management LLC Has $6.83 Million Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Secure Asset Management LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,466 shares of the company’s stock after acquiring an additional 3,266 shares during the period. Invesco NASDAQ 100 ETF comprises about 1.0% of Secure Asset Management LLC’s portfolio, making the stock its 16th largest position. Secure Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,832,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Invesco NASDAQ 100 ETF by 13.9% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after purchasing an additional 754,700 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives raised its position in Invesco NASDAQ 100 ETF by 260.2% in 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 during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco NASDAQ 100 ETF by 19.8% in 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 in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Invesco NASDAQ 100 ETF by 13.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after acquiring an additional 194,261 shares during the last quarter. Finally, Meitav Investment House Ltd. grew its stake in shares of Invesco NASDAQ 100 ETF by 25.7% during 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 Stock Up 0.2 %

NASDAQ QQQM opened at $219.31 on Friday. The firm’s 50 day moving average is $212.71 and its 200-day moving average is $202.84. The company has a market capitalization of $42.45 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.3103 dividend. 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.