Generali Investments Management Co LLC lowered its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 49.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 630 shares of the company’s stock after selling 608 shares during the period. Generali Investments Management Co LLC’s holdings in Invesco NASDAQ 100 ETF were worth $122,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of QQQM. Strategic Financial Concepts LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 26,756.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after buying an additional 6,174,281 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $374,557,000. Invesco Ltd. lifted its stake in shares of Invesco NASDAQ 100 ETF by 14.4% in the 4th quarter. Invesco Ltd. now owns 9,323,266 shares of the company’s stock valued at $1,962,081,000 after purchasing an additional 1,170,093 shares during the last quarter. IMC Chicago LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $208,737,000. Finally, Bank of Nova Scotia acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $158,702,000.
Invesco NASDAQ 100 ETF Trading Up 1.0%
QQQM stock opened at $218.16 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $222.64. The company has a fifty day simple moving average of $198.95 and a 200 day simple moving average of $206.63. The firm has a market cap of $46.54 billion, a PE ratio of 32.67 and a beta of 1.18.
Invesco NASDAQ 100 ETF Increases Dividend
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.
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