Clal Insurance Enterprises Holdings Ltd Has $430.56 Million Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Clal Insurance Enterprises Holdings Ltd trimmed its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 50.3% in the first quarter, Holdings Channel reports. The fund owned 2,230,663 shares of the company’s stock after selling 2,261,817 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 4.4% of Clal Insurance Enterprises Holdings Ltd’s investment portfolio, making the stock its 5th biggest holding. Clal Insurance Enterprises Holdings Ltd’s holdings in Invesco NASDAQ 100 ETF were worth $430,563,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Seneca House Advisors boosted its holdings in Invesco NASDAQ 100 ETF by 5.2% during the first quarter. Seneca House Advisors now owns 1,188 shares of the company’s stock valued at $229,000 after acquiring an additional 59 shares during the period. Opulen Financial Group LLC boosted its holdings in Invesco NASDAQ 100 ETF by 1.3% during the first quarter. Opulen Financial Group LLC now owns 4,777 shares of the company’s stock valued at $922,000 after acquiring an additional 59 shares during the period. Robertson Stephens Wealth Management LLC boosted its holdings in Invesco NASDAQ 100 ETF by 2.0% during the first quarter. Robertson Stephens Wealth Management LLC now owns 3,168 shares of the company’s stock valued at $611,000 after acquiring an additional 61 shares during the period. Pettyjohn Wood & White Inc. boosted its holdings in Invesco NASDAQ 100 ETF by 3.3% during the first quarter. Pettyjohn Wood & White Inc. now owns 2,050 shares of the company’s stock valued at $396,000 after acquiring an additional 65 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its holdings in Invesco NASDAQ 100 ETF by 4.5% during the first quarter. Chicago Partners Investment Group LLC now owns 1,614 shares of the company’s stock valued at $321,000 after acquiring an additional 69 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $235.83 on Tuesday. The company has a 50-day simple moving average of $226.41 and a 200-day simple moving average of $210.95. The firm has a market capitalization of $56.54 billion, a P/E ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $237.43.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were given a dividend of $0.3161 per share. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 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.