Atticus Wealth Management LLC Acquires 4,885 Shares of Invesco NASDAQ 100 ETF $QQQM

Atticus Wealth Management LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 79.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,005 shares of the company’s stock after purchasing an additional 4,885 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 0.7% of Atticus Wealth Management LLC’s holdings, making the stock its 27th largest holding. Atticus Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,353,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Florida Financial Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 71.0% during the first quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after purchasing an additional 7,252 shares during the period. The Manufacturers Life Insurance Company purchased a new position in Invesco NASDAQ 100 ETF during the second quarter valued at approximately $4,938,000. JDM Financial Group LLC increased its stake in Invesco NASDAQ 100 ETF by 37.2% in the 1st quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock valued at $1,879,000 after buying an additional 2,143 shares during the period. HighTower Advisors LLC increased its stake in Invesco NASDAQ 100 ETF by 33.9% in the 2nd quarter. HighTower Advisors LLC now owns 643,133 shares of the company’s stock valued at $194,850,000 after buying an additional 162,761 shares during the period. Finally, QRG Capital Management Inc. increased its stake in Invesco NASDAQ 100 ETF by 207.5% in the 2nd quarter. QRG Capital Management Inc. now owns 4,668 shares of the company’s stock valued at $1,414,000 after buying an additional 3,150 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 0.1%

QQQM stock opened at $295.59 on Wednesday. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $314.11. The company has a market cap of $107.92 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. The company has a 50 day moving average of $299.20 and a two-hundred day moving average of $290.78.

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.