Invesco NASDAQ 100 ETF $QQQM Stock Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.6% during the third quarter, HoldingsChannel.com reports. The fund owned 27,000 shares of the company’s stock after buying an additional 3,230 shares during the period. International Assets Investment Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of QQQM. Florida Financial Advisors LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 71.0% during the first quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after buying an additional 7,252 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of Invesco NASDAQ 100 ETF during the second quarter worth about $4,938,000. HighTower Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 33.9% during the second quarter. HighTower Advisors LLC now owns 643,133 shares of the company’s stock worth $194,850,000 after buying an additional 162,761 shares during the last quarter. QRG Capital Management Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 207.5% during the second quarter. QRG Capital Management Inc. now owns 4,668 shares of the company’s stock worth $1,414,000 after buying an additional 3,150 shares during the last quarter. Finally, JDM Financial Group LLC increased its position in Invesco NASDAQ 100 ETF by 37.2% in the 1st quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock valued at $1,879,000 after acquiring an additional 2,143 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 3.5%

Shares of QQQM stock opened at $284.34 on Friday. The stock’s 50-day moving average price is $298.53 and its 200 day moving average price is $279.57. The stock has a market capitalization of $105.48 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $314.11.

About Invesco NASDAQ 100 ETF

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.