Financial Enhancement Group LLC increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 8.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,816 shares of the company’s stock after purchasing an additional 3,504 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 1.6% of Financial Enhancement Group LLC’s holdings, making the stock its 21st biggest position. Financial Enhancement Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $13,668,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. CoreCap Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF by 990.9% during the third quarter. CoreCap Advisors LLC now owns 78,010 shares of the company’s stock worth $23,765,000 after purchasing an additional 70,859 shares during the period. Titleist Asset Management LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 33.7% in the 3rd quarter. Titleist Asset Management LLC now owns 12,297 shares of the company’s stock valued at $3,746,000 after purchasing an additional 3,098 shares during the period. Apella Capital LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 23.4% in the 3rd quarter. Apella Capital LLC now owns 1,411 shares of the company’s stock valued at $440,000 after purchasing an additional 268 shares during the period. Avidian Wealth Enterprises LLC increased its stake in Invesco NASDAQ 100 ETF by 19.4% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 18,875 shares of the company’s stock worth $5,750,000 after purchasing an additional 3,069 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its stake in Invesco NASDAQ 100 ETF by 25.2% in the 3rd quarter. Valeo Financial Advisors LLC now owns 13,720 shares of the company’s stock worth $4,180,000 after purchasing an additional 2,762 shares in the last quarter.
Invesco NASDAQ 100 ETF Trading Down 1.3%
Shares of QQQM traded down $4.09 during midday trading on Thursday, hitting $307.85. The stock had a trading volume of 2,868,354 shares, compared to its average volume of 4,019,276. The business has a 50-day simple moving average of $297.53 and a two-hundred day simple moving average of $286.74. The firm has a market cap of $111.44 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a fifty-two week low of $228.75 and a fifty-two week high of $314.11.
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.
Recommended Stories
- Five stocks we like better than Invesco NASDAQ 100 ETF
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report).
Receive News & Ratings for Invesco NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
