Generali Investments Management Co LLC Makes New $261,000 Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Generali Investments Management Co LLC acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, Holdings Channel.com reports. The firm acquired 1,238 shares of the company’s stock, valued at approximately $261,000.

A number of other large investors also recently added to or reduced their stakes in QQQM. Thrivent Financial for Lutherans raised its position in Invesco NASDAQ 100 ETF by 15.4% during the third quarter. Thrivent Financial for Lutherans now owns 251,939 shares of the company’s stock worth $50,602,000 after acquiring an additional 33,568 shares during the period. MAI Capital Management raised its position in Invesco NASDAQ 100 ETF by 24.0% during the third quarter. MAI Capital Management now owns 22,095 shares of the company’s stock worth $4,438,000 after acquiring an additional 4,283 shares during the period. Pathstone Holdings LLC raised its position in Invesco NASDAQ 100 ETF by 16.0% during the third quarter. Pathstone Holdings LLC now owns 11,200 shares of the company’s stock worth $2,250,000 after acquiring an additional 1,545 shares during the period. Prospera Financial Services Inc raised its position in shares of Invesco NASDAQ 100 ETF by 79.3% in the third quarter. Prospera Financial Services Inc now owns 20,632 shares of the company’s stock valued at $4,148,000 after buying an additional 9,123 shares during the last quarter. Finally, Lowery Thomas LLC raised its position in shares of Invesco NASDAQ 100 ETF by 6.7% in the third quarter. Lowery Thomas LLC now owns 47,294 shares of the company’s stock valued at $9,498,000 after buying an additional 2,959 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 1.7 %

Shares of NASDAQ QQQM opened at $195.48 on Wednesday. The firm has a 50-day simple moving average of $211.32 and a 200-day simple moving average of $207.53. The stock has a market capitalization of $38.82 billion, a price-to-earnings ratio of 30.79 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 Dividend Announcement

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