Invesco NASDAQ 100 ETF $QQQM Stock: Optima Capital LLC Boosts Holdings

Optima Capital LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 71.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,225 shares of the company’s stock after purchasing an additional 3,432 shares during the quarter. Optima Capital LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,506,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 2.3% in the second 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 in the last quarter. 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 purchasing an additional 173,431 shares during the period. 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 purchasing an additional 520,102 shares during the period. Vantagepoint Investment Advisers LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 2.2% during the third quarter. Vantagepoint Investment Advisers LLC now owns 1,958,347 shares of the company’s stock worth $596,591,000 after purchasing an additional 41,883 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Invesco NASDAQ 100 ETF by 5.7% in the first quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock valued at $526,813,000 after purchasing an additional 120,112 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock 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 company has a 50 day moving average price of $298.53 and a 200 day moving average price of $279.57. The stock has a market capitalization of $105.72 billion, a P/E ratio of 31.95 and a beta of 1.22.

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.