Money Concepts Capital Corp grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 28.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 18,306 shares of the company’s stock after acquiring an additional 4,076 shares during the period. Money Concepts Capital Corp’s holdings in Invesco NASDAQ 100 ETF were worth $5,577,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. MADDEN SECURITIES Corp acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth $30,000. Compass Financial Management LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 205.4% during the 3rd quarter. Compass Financial Management LLC now owns 113 shares of the company’s stock valued at $34,000 after acquiring an additional 76 shares in the last quarter. Torren Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $38,000. Investors Research Corp acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at $38,000. Finally, Versant Capital Management Inc acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at $41,000.
Invesco NASDAQ 100 ETF Stock Down 0.3%
Shares of QQQM opened at $283.39 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $314.11. The business has a 50-day simple moving average of $295.91 and a two-hundred day simple moving average of $280.62. The stock has a market cap of $108.05 billion, a PE ratio of 25.86 and a beta of 1.24.
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.
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