Bank Hapoalim BM Makes New $35.09 Million Investment in Invesco NASDAQ 100 ETF $QQQM

Bank Hapoalim BM bought a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 142,000 shares of the company’s stock, valued at approximately $35,091,000. Invesco NASDAQ 100 ETF makes up approximately 4.3% of Bank Hapoalim BM’s investment portfolio, making the stock its 5th largest holding. Bank Hapoalim BM owned about 0.05% of Invesco NASDAQ 100 ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Theory Financial LLC increased its holdings in Invesco NASDAQ 100 ETF by 30.6% in the 3rd quarter. Theory Financial LLC now owns 17,699 shares of the company’s stock worth $4,456,000 after buying an additional 4,148 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 19.1% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,132 shares of the company’s stock valued at $774,000 after acquiring an additional 503 shares during the last quarter. Emerald Advisors LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 1.2% in the third quarter. Emerald Advisors LLC now owns 6,932 shares of the company’s stock worth $1,713,000 after acquiring an additional 80 shares during the period. AllGen Financial Advisors Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 7.5% during the third quarter. AllGen Financial Advisors Inc. now owns 101,209 shares of the company’s stock valued at $25,011,000 after purchasing an additional 7,031 shares during the last quarter. Finally, SOL Capital Management CO lifted its position in Invesco NASDAQ 100 ETF by 4.8% during the third quarter. SOL Capital Management CO now owns 129,017 shares of the company’s stock valued at $31,883,000 after purchasing an additional 5,949 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 0.1%

Shares of QQQM stock opened at $255.71 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23. The stock has a market capitalization of $71.52 billion, a P/E ratio of 31.95 and a beta of 1.16. The firm’s 50 day moving average is $253.77 and its 200 day moving average is $245.26.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.323 per share. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 22nd.

Invesco NASDAQ 100 ETF Company 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.