5,014 Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Eagle Strategies LLC

Eagle Strategies LLC lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.8% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 110,051 shares of the company’s stock after acquiring an additional 5,014 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 3.2% of Eagle Strategies LLC’s holdings, making the stock its 7th biggest holding. Eagle Strategies LLC’s holdings in Invesco NASDAQ 100 ETF were worth $33,526,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Meitav Investment House Ltd. raised its position in Invesco NASDAQ 100 ETF by 25.3% in the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after purchasing an additional 520,102 shares during the period. Invesco Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 4.2% in the fourth 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 during the last quarter. Royal Bank of Canada lifted its stake in Invesco NASDAQ 100 ETF by 35.5% in the first quarter. Royal Bank of Canada now owns 1,743,076 shares of the company’s stock worth $414,189,000 after purchasing an additional 456,274 shares during the last quarter. Japan Science & Technology Agency bought a new stake in Invesco NASDAQ 100 ETF in the third quarter worth $130,019,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Invesco NASDAQ 100 ETF by 4.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after purchasing an additional 173,431 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM traded down $7.53 during trading on Friday, hitting $292.26. 3,836,176 shares of the company’s stock traded hands, compared to its average volume of 3,985,765. The stock has a fifty day moving average of $299.22 and a two-hundred day moving average of $289.56. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $314.11. The firm has a market cap of $106.33 billion, a P/E ratio of 31.95 and a beta of 1.22.

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.