Invesco NASDAQ 100 ETF $QQQM Stake Lifted by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 20.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 120,680 shares of the company’s stock after purchasing an additional 20,779 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $36,764,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QQQM. Park Avenue Securities LLC grew its stake in Invesco NASDAQ 100 ETF by 8.4% during the 3rd quarter. Park Avenue Securities LLC now owns 11,365 shares of the company’s stock valued at $3,462,000 after purchasing an additional 879 shares in the last quarter. Segment Wealth Management LLC increased its holdings in Invesco NASDAQ 100 ETF by 27.7% during the 3rd quarter. Segment Wealth Management LLC now owns 2,971 shares of the company’s stock worth $905,000 after purchasing an additional 645 shares during the last quarter. Vantagepoint Investment Advisers LLC raised its position in shares of Invesco NASDAQ 100 ETF by 2.2% in the 3rd quarter. Vantagepoint Investment Advisers LLC now owns 1,958,347 shares of the company’s stock valued at $596,591,000 after purchasing an additional 41,883 shares in the last quarter. National Wealth Management Group LLC raised its position in shares of Invesco NASDAQ 100 ETF by 5.8% in the 3rd quarter. National Wealth Management Group LLC now owns 16,721 shares of the company’s stock valued at $5,094,000 after purchasing an additional 911 shares in the last quarter. Finally, Flagship Harbor Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF by 265.6% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 88,105 shares of the company’s stock valued at $26,840,000 after purchasing an additional 64,008 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.1%

Invesco NASDAQ 100 ETF stock opened at $293.26 on Tuesday. The stock has a market cap of $107.95 billion, a P/E ratio of 31.95 and a beta of 1.22. The stock has a 50 day moving average of $298.86 and a 200-day moving average of $278.65. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week high of $314.11.

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.