Invesco NASDAQ 100 ETF $QQQM Stock Bought by Prota Financial LLC

Prota Financial LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,914 shares of the company’s stock after acquiring an additional 2,053 shares during the period. Invesco NASDAQ 100 ETF accounts for about 7.8% of Prota Financial LLC’s holdings, making the stock its 2nd biggest position. Prota Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $12,196,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Invesco Ltd. raised its position 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 purchasing an additional 468,626 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Invesco NASDAQ 100 ETF by 2.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock worth $2,289,586,000 after purchasing an additional 170,070 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in 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 valued at $1,172,000,000 after purchasing an additional 173,431 shares during the period. Meitav Investment House Ltd. raised its holdings in shares of 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 valued at $612,143,000 after buying an additional 520,102 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Invesco NASDAQ 100 ETF by 5.7% in the first quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock valued at $526,813,000 after buying an additional 120,112 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $307.85 on Friday. Invesco NASDAQ 100 ETF has a fifty-two week low of $228.75 and a fifty-two week high of $314.11. The company has a market capitalization of $111.44 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. The firm has a 50-day simple moving average of $298.06 and a 200-day simple moving average of $287.22.

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.