Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Denver Wealth Management Inc.’s 2nd Largest Position

Denver Wealth Management Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 154,365 shares of the company’s stock after acquiring an additional 2,056 shares during the period. Invesco NASDAQ 100 ETF accounts for 14.6% of Denver Wealth Management Inc.’s portfolio, making the stock its 2nd largest holding. Denver Wealth Management Inc. owned approximately 0.08% of Invesco NASDAQ 100 ETF worth $32,486,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of QQQM. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Invesco NASDAQ 100 ETF by 13.9% in 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 buying an additional 754,700 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its stake in shares of Invesco NASDAQ 100 ETF by 260.2% in 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 buying an additional 1,712,000 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake 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 buying an additional 194,261 shares in the last quarter. Meitav Investment House Ltd. grew its stake 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 buying an additional 324,887 shares in the last quarter. Finally, FMR LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 5.0% in the 3rd quarter. FMR LLC now owns 1,544,221 shares of the company’s stock worth $310,157,000 after buying an additional 74,138 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.5 %

Shares of NASDAQ:QQQM opened at $214.81 on Wednesday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The stock has a market capitalization of $42.00 billion, a P/E ratio of 34.39 and a beta of 1.18. The firm has a fifty day simple moving average of $213.30 and a two-hundred day simple moving average of $203.07.

Invesco NASDAQ 100 ETF Dividend Announcement

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