Clal Insurance Enterprises Holdings Ltd Sells 1,106,000 Shares of Invesco NASDAQ 100 ETF $QQQM

Clal Insurance Enterprises Holdings Ltd reduced its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 28.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,776,663 shares of the company’s stock after selling 1,106,000 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 4.5% of Clal Insurance Enterprises Holdings Ltd’s investment portfolio, making the stock its 5th biggest position. Clal Insurance Enterprises Holdings Ltd owned 0.97% of Invesco NASDAQ 100 ETF worth $702,274,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Avaii Wealth Management LLC raised its position in shares of Invesco NASDAQ 100 ETF by 2.8% in the 4th quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock worth $370,000 after buying an additional 40 shares during the period. Archer Investment Corp raised its position in shares of Invesco NASDAQ 100 ETF by 2.0% in the 4th quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock worth $580,000 after buying an additional 44 shares during the period. Foresight Capital Management Advisors Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 4.6% in the 4th quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock worth $270,000 after buying an additional 47 shares during the period. ROSS JOHNSON & Associates LLC raised its position in shares of Invesco NASDAQ 100 ETF by 23.1% in the 3rd quarter. ROSS JOHNSON & Associates LLC now owns 266 shares of the company’s stock worth $66,000 after buying an additional 50 shares during the period. Finally, TIAA Trust National Association raised its position in shares of Invesco NASDAQ 100 ETF by 5.4% in the 4th quarter. TIAA Trust National Association now owns 979 shares of the company’s stock worth $248,000 after buying an additional 50 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.7%

Shares of QQQM opened at $297.01 on Friday. The firm has a market capitalization of $89.16 billion, a P/E ratio of 31.95 and a beta of 1.23. The stock’s fifty day simple moving average is $280.33 and its 200 day simple moving average is $261.51. Invesco NASDAQ 100 ETF has a twelve month low of $215.55 and a twelve month high of $308.21.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.3277 dividend. This represents a $1.31 annualized dividend and a yield of 0.4%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, March 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.