Ausdal Financial Partners Inc. boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 31.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,734 shares of the company’s stock after acquiring an additional 419 shares during the period. Ausdal Financial Partners Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $365,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Financial Management Professionals Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $25,000. Legacy Investment Solutions LLC acquired a new stake in Invesco NASDAQ 100 ETF in the third quarter worth $31,000. Kieckhefer Group LLC bought a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $32,000. Blue Trust Inc. bought a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $49,000. Finally, Hobbs Group Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 257.1% during the third quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after acquiring an additional 180 shares during the period.
Invesco NASDAQ 100 ETF Stock Down 2.6 %
QQQM stock opened at $193.08 on Friday. The stock has a market cap of $38.34 billion, a PE ratio of 30.79 and a beta of 1.18. The firm’s 50-day simple moving average is $209.34 and its 200 day simple moving average is $207.79. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $222.64.
Invesco NASDAQ 100 ETF Increases Dividend
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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