International Assets Investment Management LLC raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 70.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 3,930 shares of the company’s stock after purchasing an additional 1,625 shares during the quarter. International Assets Investment Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $720,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. M&R Capital Management Inc. purchased a new position in Invesco NASDAQ 100 ETF during the 1st quarter valued at $28,000. Creekmur Asset Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at $32,000. Larson Financial Group LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 120.5% in the fourth quarter. Larson Financial Group LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 106 shares during the last quarter. CVA Family Office LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth about $34,000. Finally, Richardson Financial Services Inc. purchased a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at about $40,000.
Invesco NASDAQ 100 ETF Stock Performance
Shares of NASDAQ:QQQM opened at $197.54 on Monday. The firm’s 50 day simple moving average is $184.97 and its 200-day simple moving average is $178.56. Invesco NASDAQ 100 ETF has a one year low of $140.84 and a one year high of $200.32. The firm has a market cap of $25.62 billion, a PE ratio of 34.39 and a beta of 1.18.
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.
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