IFP Advisors Inc increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 23.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 25,302 shares of the company’s stock after acquiring an additional 4,799 shares during the period. IFP Advisors Inc’s holdings in Invesco NASDAQ 100 ETF were worth $7,666,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in the stock. Bison Wealth LLC acquired a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth $393,000. Capstone Wealth Management Group LLC grew its holdings in Invesco NASDAQ 100 ETF by 9.6% in the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after buying an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Invesco NASDAQ 100 ETF by 1.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after buying an additional 819 shares during the period. Empowered Funds LLC bought a new position in Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $742,000. Finally, Valeo Financial Advisors LLC bought a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $534,000.
Invesco NASDAQ 100 ETF Stock Down 0.3%
Shares of QQQM stock opened at $294.97 on Thursday. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $308.21. The firm has a market cap of $101.25 billion, a PE ratio of 31.95 and a beta of 1.23. The stock has a 50 day moving average of $292.58 and a 200-day moving average of $279.23.
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.
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