Mirae Asset Global Investments Co. Ltd. Makes New Investment in Invesco NASDAQ 100 ETF $QQQM

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 184,996 shares of the company’s stock, valued at approximately $56,357,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.05% of Invesco NASDAQ 100 ETF at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. MADDEN SECURITIES Corp bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $30,000. Investors Research Corp bought a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at about $38,000. Versant Capital Management Inc bought a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at about $41,000. Downshift Financial LLC lifted its stake in Invesco NASDAQ 100 ETF by 938.5% in the third quarter. Downshift Financial LLC now owns 135 shares of the company’s stock valued at $41,000 after buying an additional 122 shares during the period. Finally, Owl Creek Wealth Partners LLC lifted its stake in Invesco NASDAQ 100 ETF by 545.5% in the second quarter. Owl Creek Wealth Partners LLC now owns 142 shares of the company’s stock valued at $43,000 after buying an additional 120 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $284.34 on Monday. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $314.11. The stock has a market cap of $105.72 billion, a P/E ratio of 31.95 and a beta of 1.22. The firm has a 50 day moving average price of $298.53 and a 200 day moving average price of $279.57.

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.