25,326 Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Global View Capital Management LLC

Global View Capital Management LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.0% during the third quarter, Holdings Channel reports. The fund owned 146,014 shares of the company’s stock after acquiring an additional 25,326 shares during the quarter. Invesco NASDAQ 100 ETF makes up 9.9% of Global View Capital Management LLC’s holdings, making the stock its 2nd largest holding. Global View Capital Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $44,482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in QQQM. Meitav Investment House Ltd. lifted its position in shares of Invesco NASDAQ 100 ETF by 25.3% in the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock valued at $612,143,000 after acquiring an additional 520,102 shares in the last quarter. Royal Bank of Canada grew its position in Invesco NASDAQ 100 ETF by 35.5% during 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 in the last quarter. Japan Science & Technology Agency purchased a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $130,019,000. Northwestern Mutual Wealth Management Co. raised its stake in Invesco NASDAQ 100 ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock valued at $1,172,000,000 after purchasing an additional 173,431 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in 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 purchasing an additional 170,070 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 3.5%

QQQM opened at $284.34 on Friday. The stock has a fifty day moving average of $298.53 and a 200-day moving average of $279.57. The firm has a market capitalization of $105.48 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month 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.