Invesco NASDAQ 100 ETF $QQQM Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 39.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 327,421 shares of the company’s stock after acquiring an additional 92,733 shares during the period. NewEdge Advisors LLC owned about 0.10% of Invesco NASDAQ 100 ETF worth $99,198,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Principia Wealth Advisory LLC increased its stake in Invesco NASDAQ 100 ETF by 1,615.9% during the 4th quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after buying an additional 899,154 shares during the period. Meitav Investment House Ltd. boosted its holdings in Invesco NASDAQ 100 ETF by 25.3% in the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock valued at $612,143,000 after purchasing an additional 520,102 shares during the period. Royal Bank of Canada boosted its holdings in Invesco NASDAQ 100 ETF by 62.9% in the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock valued at $325,458,000 after purchasing an additional 497,004 shares during the period. Invesco Ltd. grew its stake in Invesco NASDAQ 100 ETF by 4.2% during the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after purchasing an additional 468,626 shares in the last quarter. Finally, Asset Allocation Strategies LLC grew its stake in Invesco NASDAQ 100 ETF by 728.3% during the 2nd quarter. Asset Allocation Strategies LLC now owns 435,112 shares of the company’s stock worth $98,814,000 after purchasing an additional 382,579 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $295.76 on Wednesday. The stock’s 50-day moving average is $292.65 and its two-hundred day moving average is $278.90. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year high of $308.21. The company has a market cap of $101.52 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23.

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.