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

Virtue Capital Management LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 324.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,417 shares of the company’s stock after purchasing an additional 22,481 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 1.2% of Virtue Capital Management LLC’s portfolio, making the stock its 18th largest position. Virtue Capital Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,962,000 at the end of the most recent reporting period.

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

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $284.34 on Monday. The company has a market cap of $105.72 billion, a P/E ratio of 31.95 and a beta of 1.22. The stock has a 50-day moving average of $298.53 and a two-hundred day moving average of $279.57. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year high of $314.11.

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.