Foundations Investment Advisors LLC Has $8.08 Million Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Foundations Investment Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,369 shares of the company’s stock after buying an additional 724 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,075,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd boosted 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 valued at $1,240,851,000 after acquiring an additional 754,700 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised its position 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 worth $476,014,000 after purchasing an additional 1,712,000 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position 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 worth $337,951,000 after purchasing an additional 283,257 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in 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 purchasing an additional 194,261 shares during the last quarter. Finally, Meitav Investment House Ltd. raised its position in 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 purchasing an additional 324,887 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 2.6 %

Shares of NASDAQ:QQQM opened at $212.31 on Monday. The firm has a market cap of $41.20 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $221.92. The business has a fifty day simple moving average of $213.18 and a 200 day simple moving average of $203.03.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently announced 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 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.