First Command Advisory Services Inc. Has $1.02 Billion Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

First Command Advisory Services Inc. increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,852,917 shares of the company’s stock after acquiring an additional 37,600 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 9.7% of First Command Advisory Services Inc.’s holdings, making the stock its 2nd biggest holding. First Command Advisory Services Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $1,021,296,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 26,756.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock worth $1,304,234,000 after buying an additional 6,174,281 shares during the last quarter. IMC Chicago LLC purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $208,737,000. Clal Insurance Enterprises Holdings Ltd grew its position in Invesco NASDAQ 100 ETF by 13.9% during the third 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 during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised its stake in shares of Invesco NASDAQ 100 ETF by 30.1% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock worth $648,817,000 after acquiring an additional 713,000 shares in the last quarter. Finally, Main Management Fund Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $65,598,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $211.88 on Thursday. The firm has a market cap of $43.15 billion, a P/E ratio of 33.44 and a beta of 1.14. The firm’s fifty day moving average is $215.13 and its 200 day moving average is $206.89. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed 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 of this dividend 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.