GTS Securities LLC Purchases New Stake in Invesco NASDAQ 100 ETF $QQQM

GTS Securities LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 96,625 shares of the company’s stock, valued at approximately $29,281,000.

Several other large investors have also recently added to or reduced their stakes in QQQM. Flputnam Investment Management Co. acquired a new position in Invesco NASDAQ 100 ETF in the second quarter worth $250,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco NASDAQ 100 ETF by 4.7% during 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 period. Wedbush Securities Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 9.9% during the second quarter. Wedbush Securities Inc. now owns 12,064 shares of the company’s stock worth $3,655,000 after purchasing an additional 1,084 shares during the period. Sheets Smith Wealth Management lifted its position in shares of Invesco NASDAQ 100 ETF by 20.6% in the 2nd quarter. Sheets Smith Wealth Management now owns 1,496 shares of the company’s stock worth $453,000 after buying an additional 256 shares during the last quarter. Finally, Blue Edge Capital LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth about $2,357,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $295.00 on Friday. Invesco NASDAQ 100 ETF has a one year low of $228.75 and a one year high of $308.21. The company has a 50-day simple moving average of $292.95 and a 200-day simple moving average of $276.50. The firm has a market capitalization of $101.26 billion, a PE ratio of 31.95 and a beta of 1.23.

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.