Optima Capital LLC Purchases 3,432 Shares of Invesco NASDAQ 100 ETF $QQQM

Optima Capital LLC boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 71.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,225 shares of the company’s stock after acquiring an additional 3,432 shares during the quarter. Optima Capital LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,506,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MADDEN SECURITIES Corp acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth $30,000. Investors Research Corp acquired a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth about $38,000. Versant Capital Management Inc acquired a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth about $41,000. Downshift Financial LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 938.5% in the 3rd quarter. Downshift Financial LLC now owns 135 shares of the company’s stock valued at $41,000 after acquiring an additional 122 shares during the last quarter. Finally, Owl Creek Wealth Partners LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 545.5% in the 2nd quarter. Owl Creek Wealth Partners LLC now owns 142 shares of the company’s stock valued at $43,000 after acquiring an additional 120 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $284.34 on Monday. Invesco NASDAQ 100 ETF has a fifty-two week low of $228.75 and a fifty-two week high of $314.11. The firm has a market capitalization of $105.72 billion, a PE ratio of 31.95 and a beta of 1.22. The stock’s 50-day simple moving average is $298.53 and its 200-day simple moving average is $279.57.

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.