Bank Hapoalim BM Makes New Investment in Invesco NASDAQ 100 ETF $QQQM

Bank Hapoalim BM acquired a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 142,000 shares of the company’s stock, valued at approximately $35,091,000. Invesco NASDAQ 100 ETF accounts for about 4.3% of Bank Hapoalim BM’s portfolio, making the stock its 5th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of QQQM. Jackson Hole Capital Partners LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at about $25,000. Wolff Wiese Magana LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $26,000. Trust Co. of Toledo NA OH bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $28,000. Pflug Koory LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $32,000. Finally, PrairieView Partners LLC increased its holdings in Invesco NASDAQ 100 ETF by 400.0% in the 2nd quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock worth $37,000 after acquiring an additional 132 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $255.71 on Friday. The company has a 50 day simple moving average of $253.77 and a two-hundred day simple moving average of $245.26. The firm has a market cap of $71.52 billion, a P/E ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $0.323 dividend. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 annualized dividend and a dividend yield of 0.5%.

Invesco NASDAQ 100 ETF 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.