Invesco NASDAQ 100 ETF $QQQM Shares Bought by Secure Asset Management LLC

Secure Asset Management LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,722 shares of the company’s stock after acquiring an additional 3,063 shares during the period. Invesco NASDAQ 100 ETF comprises about 3.0% of Secure Asset Management LLC’s portfolio, making the stock its 2nd largest holding. Secure Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $21,124,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of QQQM. Invesco Ltd. boosted its holdings 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 buying an additional 468,626 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco NASDAQ 100 ETF by 4.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after buying an additional 173,431 shares during the period. Raymond James Financial Inc. increased its position in Invesco NASDAQ 100 ETF by 11.9% during the 4th quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock valued at $742,825,000 after purchasing an additional 313,262 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives increased its position in Invesco NASDAQ 100 ETF by 5.1% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock valued at $666,191,000 after buying an additional 129,000 shares in the last quarter. Finally, Meitav Investment House Ltd. raised its position in 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 worth $612,143,000 after buying an additional 520,102 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 1.3%

NASDAQ QQQM opened at $291.40 on Wednesday. The firm has a market cap of $100.03 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The business has a 50-day moving average price of $292.72 and a 200-day moving average price of $277.24. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $308.21.

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.