4,076 Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Money Concepts Capital Corp

Money Concepts Capital Corp raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 28.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,306 shares of the company’s stock after purchasing an additional 4,076 shares during the quarter. Money Concepts Capital Corp’s holdings in Invesco NASDAQ 100 ETF were worth $5,577,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of QQQM. MADDEN SECURITIES Corp bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth $30,000. Compass Financial Management LLC boosted its stake in Invesco NASDAQ 100 ETF by 205.4% in the third quarter. Compass Financial Management LLC now owns 113 shares of the company’s stock valued at $34,000 after buying an additional 76 shares in the last quarter. Investors Research Corp acquired a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at about $38,000. Torren Management LLC bought a new position in Invesco NASDAQ 100 ETF in the third quarter valued at about $38,000. Finally, Versant Capital Management Inc bought a new position in Invesco NASDAQ 100 ETF in the second quarter valued at about $41,000.

Invesco NASDAQ 100 ETF Trading Down 0.3%

Shares of NASDAQ QQQM opened at $283.39 on Friday. The company has a market cap of $108.05 billion, a price-to-earnings ratio of 25.86 and a beta of 1.24. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $314.11. The stock has a 50-day moving average price of $295.91 and a two-hundred day moving average price of $280.62.

About Invesco NASDAQ 100 ETF

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.