GK Wealth Management LLC reduced its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 25.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,316 shares of the company’s stock after selling 3,124 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 1.5% of GK Wealth Management LLC’s portfolio, making the stock its 12th biggest position. GK Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,838,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently bought and sold shares of the stock. Meitav Investment House Ltd. boosted 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 valued at $612,143,000 after buying an additional 520,102 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Invesco NASDAQ 100 ETF by 4.2% during the fourth 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 period. Royal Bank of Canada lifted its stake in shares of Invesco NASDAQ 100 ETF by 35.5% during the first quarter. Royal Bank of Canada now owns 1,743,076 shares of the company’s stock valued at $414,189,000 after acquiring an additional 456,274 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings 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 acquiring an additional 173,431 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Invesco NASDAQ 100 ETF by 2.3% in the second quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock valued at $2,289,586,000 after acquiring an additional 170,070 shares during the last quarter.
Invesco NASDAQ 100 ETF Trading Up 0.5%
Shares of NASDAQ:QQQM traded up $1.54 during trading on Friday, hitting $309.39. 1,619,167 shares of the company’s stock were exchanged, compared to its average volume of 4,006,988. The firm has a market cap of $112.00 billion, a P/E ratio of 31.95 and a beta of 1.22. The firm has a 50-day moving average price of $298.06 and a two-hundred day moving average price of $287.22. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year 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.
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