Lotus Asset Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 48,587 shares of the company’s stock, valued at approximately $14,721,000. Invesco NASDAQ 100 ETF makes up approximately 13.1% of Lotus Asset Management LLC’s holdings, making the stock its 3rd biggest holding.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Bison Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth $393,000. Capstone Wealth Management Group LLC grew its position in shares of Invesco NASDAQ 100 ETF by 9.6% in the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after purchasing an additional 3,220 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 1.6% in the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after purchasing an additional 819 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter valued at $742,000. Finally, Valeo Financial Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth about $534,000.
Invesco NASDAQ 100 ETF Stock Down 0.3%
Shares of NASDAQ QQQM opened at $294.97 on Thursday. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week high of $308.21. The business has a 50-day simple moving average of $292.58 and a two-hundred day simple moving average of $279.23. The company has a market cap of $101.25 billion, a P/E ratio of 31.95 and a beta of 1.23.
Invesco NASDAQ 100 ETF 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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