9,491 Shares in Invesco NASDAQ 100 ETF $QQQM Bought by Balefire LLC

Balefire LLC purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,491 shares of the company’s stock, valued at approximately $2,891,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ridgeline Wealth Planning LLC raised its position in shares of Invesco NASDAQ 100 ETF by 4.4% in the first quarter. Ridgeline Wealth Planning LLC now owns 886 shares of the company’s stock valued at $211,000 after purchasing an additional 37 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Invesco NASDAQ 100 ETF by 3.6% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,213 shares of the company’s stock valued at $368,000 after acquiring an additional 42 shares during the period. Glen Eagle Advisors LLC lifted its position in Invesco NASDAQ 100 ETF by 28.8% during the first quarter. Glen Eagle Advisors LLC now owns 201 shares of the company’s stock worth $48,000 after acquiring an additional 45 shares during the last quarter. Blue Trust Inc. lifted its position in Invesco NASDAQ 100 ETF by 7.3% during the first quarter. Blue Trust Inc. now owns 680 shares of the company’s stock worth $162,000 after acquiring an additional 46 shares during the last quarter. Finally, Motiv8 Investments LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 0.5% during the fourth quarter. Motiv8 Investments LLC now owns 9,410 shares of the company’s stock worth $2,380,000 after acquiring an additional 47 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.5%

Shares of Invesco NASDAQ 100 ETF stock traded up $1.54 on Friday, hitting $309.39. The stock had a trading volume of 1,619,167 shares, compared to its average volume of 4,006,988. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11. The business’s 50 day moving average is $298.06 and its two-hundred day moving average is $287.22. The stock has a market cap of $112.00 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

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.