Members Advisory Group LLC Purchases Shares of 82,427 Invesco NASDAQ 100 ETF $QQQM

Members Advisory Group LLC acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 82,427 shares of the company’s stock, valued at approximately $24,973,000. Invesco NASDAQ 100 ETF makes up 7.0% of Members Advisory Group LLC’s holdings, making the stock its 4th largest holding.

Several other institutional investors have also modified their holdings of the company. Principia Wealth Advisory LLC boosted its stake in Invesco NASDAQ 100 ETF by 1,615.9% during the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock valued at $241,488,000 after buying an additional 899,154 shares in the last quarter. Meitav Investment House Ltd. raised its position in Invesco NASDAQ 100 ETF by 25.3% in the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after acquiring an additional 520,102 shares in the last quarter. Royal Bank of Canada lifted its holdings in Invesco NASDAQ 100 ETF by 62.9% in the 4th quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock valued at $325,458,000 after acquiring an additional 497,004 shares during the last quarter. Invesco Ltd. lifted its holdings in Invesco NASDAQ 100 ETF by 4.2% in the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after acquiring an additional 468,626 shares during the last quarter. Finally, Asset Allocation Strategies LLC lifted its holdings in Invesco NASDAQ 100 ETF by 728.3% in the 2nd quarter. Asset Allocation Strategies LLC now owns 435,112 shares of the company’s stock valued at $98,814,000 after acquiring an additional 382,579 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.2%

NASDAQ:QQQM opened at $296.07 on Friday. The company has a 50-day moving average of $292.84 and a 200-day moving average of $278.02. The firm has a market cap of $101.63 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. 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.