Sigma Planning Corp Has $11.83 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Sigma Planning Corp grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 179.4% during the 2nd quarter, Holdings Channel reports. The firm owned 39,037 shares of the company’s stock after purchasing an additional 25,067 shares during the period. Sigma Planning Corp’s holdings in Invesco NASDAQ 100 ETF were worth $11,827,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Florida Financial Advisors LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 71.0% during the first quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after purchasing an additional 7,252 shares in the last quarter. Nicholas Wealth LLC. bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $1,164,000. Bank of New York Mellon Corp raised its stake in Invesco NASDAQ 100 ETF by 8.1% during the 4th quarter. Bank of New York Mellon Corp now owns 835,930 shares of the company’s stock worth $211,423,000 after buying an additional 62,705 shares during the period. JDM Financial Group LLC raised its position in shares of Invesco NASDAQ 100 ETF by 37.2% during the first quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock worth $1,879,000 after purchasing an additional 2,143 shares during the period. Finally, Woodard & Co. Asset Management Group Inc. ADV raised its holdings in Invesco NASDAQ 100 ETF by 4.2% during the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 48,765 shares of the company’s stock worth $12,334,000 after buying an additional 1,971 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $295.00 on Monday. The firm’s fifty day simple moving average is $292.95 and its 200 day simple moving average is $276.66. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $308.21. The stock has a market capitalization of $101.26 billion, a P/E ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF 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.