Turning Point Benefit Group Inc. Buys New Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Turning Point Benefit Group Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 971 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds have also bought and sold shares of QQQM. Strategic Financial Concepts LLC increased its stake 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 valued at $1,304,234,000 after purchasing an additional 6,174,281 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in 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 valued at $476,014,000 after purchasing an additional 1,712,000 shares in the last quarter. IMC Chicago LLC acquired a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $208,737,000. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Invesco NASDAQ 100 ETF by 13.9% in the third 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 during the period. Finally, Main Management Fund Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter worth $65,598,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $216.61 on Friday. The firm has a market capitalization of $43.01 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.64. The company’s fifty day moving average price is $215.51 and its 200-day moving average price is $205.84.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid 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.