Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Clal Insurance Enterprises Holdings Ltd’s 2nd Largest Position

Clal Insurance Enterprises Holdings Ltd lowered its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 27.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,492,480 shares of the company’s stock after selling 1,685,520 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 8.5% of Clal Insurance Enterprises Holdings Ltd’s investment portfolio, making the stock its 2nd largest position. Clal Insurance Enterprises Holdings Ltd’s holdings in Invesco NASDAQ 100 ETF were worth $945,442,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Financial Management Professionals Inc. purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $25,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $31,000. Kieckhefer Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $32,000. Blue Trust Inc. purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $49,000. Finally, Hobbs Group Advisors LLC boosted its position in Invesco NASDAQ 100 ETF by 257.1% in the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after buying an additional 180 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 1.6 %

Shares of QQQM stock opened at $209.26 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64. The stock has a market capitalization of $41.55 billion, a PE ratio of 33.44 and a beta of 1.18. The firm has a 50 day moving average of $214.93 and a two-hundred day moving average of $207.17.

Invesco NASDAQ 100 ETF Announces Dividend

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

Invesco NASDAQ 100 ETF Company 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.