Hegarty Advisors LLC Purchases 2,010 Shares of Invesco NASDAQ 100 ETF $QQQM

Hegarty Advisors LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,191 shares of the company’s stock after purchasing an additional 2,010 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 3.2% of Hegarty Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Hegarty Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,237,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 2.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock valued at $2,289,586,000 after buying an additional 170,070 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Invesco NASDAQ 100 ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after acquiring an additional 173,431 shares during the last quarter. Meitav Investment House Ltd. increased its stake in Invesco NASDAQ 100 ETF by 25.3% during the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after acquiring an additional 520,102 shares during the last quarter. Cetera Investment Advisers increased its stake in Invesco NASDAQ 100 ETF by 5.7% during the first quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock worth $526,813,000 after acquiring an additional 120,112 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Invesco NASDAQ 100 ETF by 35.5% in the 1st quarter. Royal Bank of Canada now owns 1,743,076 shares of the company’s stock worth $414,189,000 after purchasing an additional 456,274 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM traded up $0.42 during mid-day trading on Tuesday, hitting $296.20. The company’s stock had a trading volume of 2,153,553 shares, compared to its average volume of 3,969,294. The stock’s fifty day simple moving average is $299.20 and its two-hundred day simple moving average is $290.39. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $314.11. The firm has a market capitalization of $107.96 billion, a P/E ratio of 31.95 and a beta of 1.22.

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.