DUTCH ASSET Corp purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,413 shares of the company’s stock, valued at approximately $610,000.
Other hedge funds also recently added to or reduced their stakes in the company. Corient Private Wealth LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 27.1% in the 4th quarter. Corient Private Wealth LLC now owns 17,766 shares of the company’s stock valued at $4,494,000 after buying an additional 3,785 shares in the last quarter. Redwood Family Wealth LLC acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at $2,532,000. Pure Financial Advisors LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $1,194,000. Rehmann Capital Advisory Group increased its position in shares of Invesco NASDAQ 100 ETF by 1.6% during the fourth quarter. Rehmann Capital Advisory Group now owns 45,202 shares of the company’s stock worth $11,433,000 after purchasing an additional 727 shares in the last quarter. Finally, SHP Wealth Management acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $586,000.
Invesco NASDAQ 100 ETF Price Performance
Shares of NASDAQ QQQM opened at $304.52 on Friday. The business has a 50-day moving average price of $286.28 and a 200 day moving average price of $263.28. The stock has a market cap of $91.41 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 52-week low of $215.55 and a 52-week high of $308.21.
Invesco NASDAQ 100 ETF Announces Dividend
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.
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