MW Advisory LLC Invests $1.41 Million in Invesco NASDAQ 100 ETF $QQQM

MW Advisory LLC acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,655 shares of the company’s stock, valued at approximately $1,410,000.

Other institutional investors have also added to or reduced their stakes in the company. Florida Financial Advisors LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 71.0% during the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after acquiring an additional 7,252 shares in the last quarter. Nicholas Wealth LLC. bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $1,164,000. Bank of New York Mellon Corp lifted its position in shares of Invesco NASDAQ 100 ETF by 8.1% in the fourth quarter. Bank of New York Mellon Corp now owns 835,930 shares of the company’s stock worth $211,423,000 after purchasing an additional 62,705 shares in the last quarter. JDM Financial Group LLC boosted its holdings in Invesco NASDAQ 100 ETF by 37.2% during the first quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock worth $1,879,000 after purchasing an additional 2,143 shares during the last quarter. Finally, Tactive Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF by 422.1% during the second quarter. Tactive Advisors LLC now owns 29,459 shares of the company’s stock worth $8,925,000 after purchasing an additional 23,817 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.2%

Invesco NASDAQ 100 ETF stock opened at $296.07 on Friday. The company has a market cap of $101.63 billion, a P/E ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year high of $308.21. The company has a fifty day simple moving average of $292.84 and a 200 day simple moving average of $278.02.

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.