Invesco NASDAQ 100 ETF $QQQM Shares Newly Bought by MLP3 LLC

MLP3 LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,386 shares of the company’s stock, valued at approximately $727,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QQQM. Investors Research Corp purchased a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $38,000. SJS Investment Consulting Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at $40,000. Versant Capital Management Inc purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at $41,000. Downshift Financial LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 938.5% in the third quarter. Downshift Financial LLC now owns 135 shares of the company’s stock worth $41,000 after acquiring an additional 122 shares during the period. Finally, Owl Creek Wealth Partners LLC increased its stake in shares of 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.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock traded down $0.07 during trading on Friday, hitting $290.06. 2,508,485 shares of the company’s stock were exchanged, compared to its average volume of 3,965,177. The business has a 50-day simple moving average of $298.76 and a 200-day simple moving average of $291.53. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $314.11. The stock has a market capitalization of $106.54 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

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.