Titleist Asset Management LLC Buys 3,098 Shares of Invesco NASDAQ 100 ETF $QQQM

Titleist Asset Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 33.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,297 shares of the company’s stock after acquiring an additional 3,098 shares during the quarter. Titleist Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,746,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Invesco Ltd. grew its stake in shares of Invesco NASDAQ 100 ETF by 4.2% during the 4th 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 period. Envestnet Asset Management Inc. increased its holdings in shares of Invesco NASDAQ 100 ETF by 2.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock valued at $2,289,586,000 after purchasing an additional 170,070 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco NASDAQ 100 ETF by 4.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock valued at $1,172,000,000 after purchasing an additional 173,431 shares during the period. Meitav Investment House Ltd. lifted its stake in shares of 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 valued at $612,143,000 after purchasing an additional 520,102 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of Invesco NASDAQ 100 ETF by 5.7% in the 1st quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock valued at $526,813,000 after purchasing an additional 120,112 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 1.7%

Shares of Invesco NASDAQ 100 ETF stock traded down $5.23 during trading hours on Thursday, reaching $306.71. The stock had a trading volume of 1,816,208 shares, compared to its average volume of 4,012,046. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11. The firm has a market capitalization of $110.59 billion, a PE ratio of 31.95 and a beta of 1.22. The stock’s 50 day moving average is $297.53 and its 200 day moving average is $286.74.

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.