Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Kayne Anderson Rudnick Investment Management LLC

Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 203.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 139,115 shares of the company’s stock after purchasing an additional 93,220 shares during the period. Kayne Anderson Rudnick Investment Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $27,416,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. CFS Investment Advisory Services LLC increased its position in Invesco NASDAQ 100 ETF by 0.8% during the fourth quarter. CFS Investment Advisory Services LLC now owns 7,347 shares of the company’s stock worth $1,238,000 after buying an additional 57 shares during the period. Cutter & CO Brokerage Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 2.1% during the second quarter. Cutter & CO Brokerage Inc. now owns 3,164 shares of the company’s stock worth $624,000 after acquiring an additional 64 shares during the last quarter. Marble Harbor Investment Counsel LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 1.2% in the 2nd quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock valued at $1,143,000 after acquiring an additional 66 shares during the period. Madison Wealth Partners Inc raised its position in Invesco NASDAQ 100 ETF by 1.6% in the 1st quarter. Madison Wealth Partners Inc now owns 4,510 shares of the company’s stock valued at $824,000 after purchasing an additional 69 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its position in Invesco NASDAQ 100 ETF by 4.1% in the 1st quarter. Arkadios Wealth Advisors now owns 1,869 shares of the company’s stock valued at $341,000 after purchasing an additional 74 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $198.59 on Friday. The company has a market capitalization of $30.88 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $140.84 and a 1 year high of $207.24. The company’s fifty day moving average is $192.64 and its two-hundred day moving average is $188.69.

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.