Two Sigma Securities LLC Raises Holdings in Invesco NASDAQ 100 ETF $QQQM

Two Sigma Securities LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 744.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,146 shares of the company’s stock after acquiring an additional 19,522 shares during the period. Invesco NASDAQ 100 ETF comprises 0.6% of Two Sigma Securities LLC’s holdings, making the stock its 15th largest position. Two Sigma Securities LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,710,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Bison Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $393,000. Capstone Wealth Management Group LLC lifted its stake in shares of 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 purchasing an additional 3,220 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of 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 valued at $9,876,000 after purchasing an additional 819 shares during the period. Empowered Funds LLC purchased a new stake in Invesco NASDAQ 100 ETF during the first quarter worth $742,000. Finally, Valeo Financial Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF during the second quarter worth $534,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $295.00 on Monday. The firm has a market cap of $101.26 billion, a PE ratio of 31.95 and a beta of 1.23. The firm’s fifty day moving average is $292.95 and its 200 day moving average is $276.66. Invesco NASDAQ 100 ETF has a one year low of $228.75 and a one year high of $308.21.

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.