Scarborough Advisors LLC Invests $37.54 Million in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Scarborough Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 178,390 shares of the company’s stock, valued at approximately $37,542,000. Invesco NASDAQ 100 ETF accounts for about 5.3% of Scarborough Advisors LLC’s investment portfolio, making the stock its 3rd biggest position.

Other hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC boosted its position in shares of 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 in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in shares of 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 worth $1,240,851,000 after acquiring an additional 754,700 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted its position in shares of Invesco NASDAQ 100 ETF by 260.2% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after acquiring an additional 1,712,000 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 13.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after acquiring an additional 194,261 shares in the last quarter. Finally, Meitav Investment House Ltd. boosted its position in shares of Invesco NASDAQ 100 ETF by 25.7% during the 3rd quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock worth $319,132,000 after acquiring an additional 324,887 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.4 %

NASDAQ QQQM opened at $221.56 on Friday. The firm has a market capitalization of $44.00 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The firm’s 50 day simple moving average is $214.96 and its 200 day simple moving average is $204.72. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

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

Invesco NASDAQ 100 ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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