Wealthfront Advisers LLC raised its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 22.5% in the first quarter, Holdings Channel.com reports. The fund owned 259,607 shares of the company’s stock after buying an additional 47,597 shares during the quarter. Wealthfront Advisers LLC’s holdings in Invesco NASDAQ 100 ETF were worth $61,688,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Garner Asset Management Corp purchased a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth about $25,000. Imprint Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Osbon Capital Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth about $41,000. SJS Investment Consulting Inc. acquired a new stake in Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $40,000. Finally, Bank & Trust Co acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $46,000.
Invesco NASDAQ 100 ETF Stock Performance
NASDAQ QQQM opened at $295.56 on Thursday. Invesco NASDAQ 100 ETF has a one year low of $227.00 and a one year high of $308.21. The company’s 50 day moving average price is $296.59 and its 200 day moving average price is $268.53. The firm has a market capitalization of $99.53 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.
Invesco NASDAQ 100 ETF Dividend Announcement
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.
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