Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Vontobel Holding Ltd.

Vontobel Holding Ltd. raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 26.3% in the third quarter, HoldingsChannel reports. The firm owned 22,068 shares of the company’s stock after buying an additional 4,598 shares during the quarter. Vontobel Holding Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $6,723,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of QQQM. Investors Research Corp purchased a new position in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $38,000. Versant Capital Management Inc bought a new position in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $41,000. Downshift Financial LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 938.5% during the third quarter. Downshift Financial LLC now owns 135 shares of the company’s stock valued at $41,000 after acquiring an additional 122 shares in the last quarter. 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 worth $43,000 after acquiring an additional 120 shares during the period. Finally, JFS Wealth Advisors LLC lifted its stake in Invesco NASDAQ 100 ETF by 289.5% in the second quarter. JFS Wealth Advisors LLC now owns 148 shares of the company’s stock worth $45,000 after acquiring an additional 110 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 2.5%

NASDAQ:QQQM opened at $292.26 on Friday. The stock has a market cap of $106.53 billion, a P/E ratio of 31.95 and a beta of 1.22. The firm’s fifty day simple moving average is $299.22 and its 200 day simple moving average is $289.56. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11.

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.