Private Advisor Group LLC Increases Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Private Advisor Group LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 693,008 shares of the company’s stock after purchasing an additional 35,498 shares during the period. Invesco NASDAQ 100 ETF accounts for 0.8% of Private Advisor Group LLC’s investment portfolio, making the stock its 18th largest holding. Private Advisor Group LLC owned approximately 0.35% of Invesco NASDAQ 100 ETF worth $145,845,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Strategic Financial Concepts LLC grew its position in shares of 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 valued at $1,304,234,000 after buying an additional 6,174,281 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its position in shares of 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. IMC Chicago LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $208,737,000. Clal Insurance Enterprises Holdings Ltd grew its position 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 buying an additional 754,700 shares during the last quarter. Finally, Main Management Fund Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth $65,598,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $222.09 on Wednesday. The stock has a market cap of $44.10 billion, a P/E ratio of 34.39 and a beta of 1.18. The firm has a fifty day moving average price of $215.19 and a 200 day moving average price of $205.35. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.28.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently declared 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.