Salem Investment Counselors Inc. Sells 70 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Salem Investment Counselors Inc. lessened its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,806 shares of the company’s stock after selling 70 shares during the period. Salem Investment Counselors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $801,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in QQQM. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Invesco NASDAQ 100 ETF by 13.9% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after acquiring an additional 754,700 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted 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 during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco NASDAQ 100 ETF by 19.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock valued at $337,951,000 after purchasing an additional 283,257 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 13.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after purchasing an additional 194,261 shares in the last quarter. Finally, Meitav Investment House Ltd. raised its stake in shares of Invesco NASDAQ 100 ETF by 25.7% in the third 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 Price Performance

Invesco NASDAQ 100 ETF stock opened at $208.14 on Tuesday. Invesco NASDAQ 100 ETF has a one year low of $165.86 and a one year high of $221.92. The business’s fifty day moving average is $212.12 and its 200 day moving average is $202.21. The stock has a market capitalization of $38.40 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.3103 per share. 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.