Northwest Capital Management Inc Boosts Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Northwest Capital Management Inc increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 16.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,263 shares of the company’s stock after purchasing an additional 904 shares during the period. Northwest Capital Management Inc’s holdings in Invesco NASDAQ 100 ETF were worth $1,318,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Strategic Financial Concepts LLC grew its position in Invesco NASDAQ 100 ETF by 26,756.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock worth $1,304,234,000 after acquiring an additional 6,174,281 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in shares of Invesco NASDAQ 100 ETF by 260.2% in the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after purchasing an additional 1,712,000 shares during the last quarter. IMC Chicago LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $208,737,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in Invesco NASDAQ 100 ETF by 13.9% during 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 bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at $65,598,000.

Invesco NASDAQ 100 ETF Trading Down 2.1 %

Invesco NASDAQ 100 ETF stock opened at $216.61 on Monday. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.64. The firm has a market cap of $43.01 billion, a P/E ratio of 34.39 and a beta of 1.18. The firm has a 50-day moving average of $215.48 and a 200-day moving average of $206.27.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.3103 per share. The ex-dividend date 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.