Invesco NASDAQ 100 ETF $QQQM Stake Boosted by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 61.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,125 shares of the company’s stock after purchasing an additional 2,713 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,067,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in QQQM. Royal Bank of Canada raised its holdings in shares of Invesco NASDAQ 100 ETF by 35.5% during the first 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 during the period. Japan Science & Technology Agency bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth about $130,019,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth about $56,357,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco NASDAQ 100 ETF by 4.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after buying an additional 173,431 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 2.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock worth $2,289,586,000 after buying an additional 170,070 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $270.22 on Friday. Invesco NASDAQ 100 ETF has a one year low of $228.75 and a one year high of $314.11. The company has a 50-day simple moving average of $296.88 and a 200-day simple moving average of $280.11. The firm has a market capitalization of $101.45 billion, a PE ratio of 31.95 and a beta of 1.24.

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.