Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Moneco Advisors LLC

Moneco Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 37.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 17,053 shares of the company’s stock after acquiring an additional 4,631 shares during the quarter. Moneco Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Florida Financial Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 71.0% in the first quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock valued at $4,150,000 after acquiring an additional 7,252 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $4,938,000. HighTower Advisors LLC grew its position in shares of Invesco NASDAQ 100 ETF by 33.9% during the 2nd quarter. HighTower Advisors LLC now owns 643,133 shares of the company’s stock valued at $194,850,000 after acquiring an additional 162,761 shares during the period. QRG Capital Management Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 207.5% during the 2nd quarter. QRG Capital Management Inc. now owns 4,668 shares of the company’s stock worth $1,414,000 after purchasing an additional 3,150 shares during the last quarter. Finally, Waverly Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 446.4% during the 2nd quarter. Waverly Advisors LLC now owns 171,271 shares of the company’s stock worth $51,890,000 after purchasing an additional 139,923 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.6%

NASDAQ:QQQM opened at $277.87 on Wednesday. The stock has a market capitalization of $105.95 billion, a PE ratio of 25.86 and a beta of 1.24. The firm’s 50 day moving average is $296.22 and its 200 day moving average is $280.36. 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.