PNC Financial Services Group Inc. cut its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 1.3% in the first quarter, Holdings Channel reports. The institutional investor owned 2,235,446 shares of the company’s stock after selling 28,715 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $531,187,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the business. Garner Asset Management Corp purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at $25,000. Imprint Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $31,000. Osbon Capital Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $41,000. SJS Investment Consulting Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter worth about $40,000. Finally, Bank & Trust Co acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth about $46,000.
Invesco NASDAQ 100 ETF Stock Up 1.9%
QQQM opened at $291.90 on Wednesday. The company has a market cap of $98.54 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a twelve month low of $227.00 and a twelve month high of $308.21. The company has a 50-day moving average price of $296.43 and a 200 day moving average price of $269.48.
Invesco NASDAQ 100 ETF Dividend Announcement
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.
Recommended Stories
- Five stocks we like better than Invesco NASDAQ 100 ETF
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report).
Receive News & Ratings for Invesco NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
