Fosun International Ltd Takes $8.77 Million Position in Invesco NASDAQ 100 ETF $QQQM

Fosun International Ltd bought a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,936 shares of the company’s stock, valued at approximately $8,767,000. Invesco NASDAQ 100 ETF accounts for approximately 2.0% of Fosun International Ltd’s holdings, making the stock its 9th largest position.

Other large investors have also modified their holdings of the company. Ridgeline Wealth Planning LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 4.4% during the first quarter. Ridgeline Wealth Planning LLC now owns 886 shares of the company’s stock worth $211,000 after buying an additional 37 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 3.6% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,213 shares of the company’s stock worth $368,000 after purchasing an additional 42 shares in the last quarter. Jacobi Capital Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 3.4% during the fourth quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock valued at $336,000 after purchasing an additional 44 shares during the period. Glen Eagle Advisors LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 28.8% during the first quarter. Glen Eagle Advisors LLC now owns 201 shares of the company’s stock valued at $48,000 after purchasing an additional 45 shares during the period. Finally, Blue Trust Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 7.3% in the first quarter. Blue Trust Inc. now owns 680 shares of the company’s stock worth $162,000 after purchasing an additional 46 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $295.00 on Monday. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $308.21. The firm has a market cap of $101.26 billion, a P/E ratio of 31.95 and a beta of 1.23. The company has a 50 day moving average of $292.95 and a 200-day moving average of $276.66.

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.