Yelin Lapidot Holdings Management Ltd. Decreases Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Yelin Lapidot Holdings Management Ltd. lowered its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.1% in the fourth quarter, HoldingsChannel reports. The fund owned 439,661 shares of the company’s stock after selling 393 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 16.1% of Yelin Lapidot Holdings Management Ltd.’s investment portfolio, making the stock its largest holding. Yelin Lapidot Holdings Management Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $92,527,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Arkadios Wealth Advisors acquired a new position in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $208,000. Mutual Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF by 3.6% during the 3rd quarter. Mutual Advisors LLC now owns 7,120 shares of the company’s stock valued at $1,443,000 after acquiring an additional 246 shares during the last quarter. Fiducient Advisors LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $201,000. Financial Advocates Investment Management boosted its position in shares of Invesco NASDAQ 100 ETF by 37.0% in the 3rd quarter. Financial Advocates Investment Management now owns 31,868 shares of the company’s stock worth $6,401,000 after purchasing an additional 8,600 shares during the last quarter. Finally, Meitav Investment House Ltd. boosted its position in shares of Invesco NASDAQ 100 ETF by 25.7% in the 3rd quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock worth $319,132,000 after purchasing an additional 324,887 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 2.8 %

Shares of Invesco NASDAQ 100 ETF stock opened at $206.05 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $222.64. The business has a fifty day simple moving average of $215.02 and a 200 day simple moving average of $206.89. The stock has a market cap of $40.92 billion, a PE ratio of 33.44 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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