Brookstone Capital Management Has $9.77 Million Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Brookstone Capital Management cut its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 19.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,413 shares of the company’s stock after selling 11,449 shares during the quarter. Brookstone Capital Management’s holdings in Invesco NASDAQ 100 ETF were worth $9,768,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in QQQM. National Mutual Insurance Federation of Agricultural Cooperatives increased its holdings 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 during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings 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 during the last quarter. Main Management Fund Advisors LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $65,598,000. Meitav Investment House Ltd. increased its holdings 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 during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 worth $337,951,000 after acquiring an additional 283,257 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.3 %

QQQM stock opened at $208.14 on Tuesday. The firm has a market capitalization of $38.40 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $165.86 and a 1-year high of $221.92. The business’s 50 day simple moving average is $212.12 and its 200 day simple moving average is $202.21.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco NASDAQ 100 ETF 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.