XML Financial LLC raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 128.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,588 shares of the company’s stock after purchasing an additional 2,015 shares during the quarter. XML Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,093,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of the stock. MADDEN SECURITIES Corp acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $30,000. Investors Research Corp bought a new position in shares of Invesco NASDAQ 100 ETF in the second quarter valued at $38,000. Versant Capital Management Inc bought a new position in shares of Invesco NASDAQ 100 ETF in the second quarter valued at $41,000. Downshift Financial LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 938.5% in the third quarter. Downshift Financial LLC now owns 135 shares of the company’s stock valued at $41,000 after buying an additional 122 shares in the last quarter. Finally, Owl Creek Wealth Partners LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 545.5% in the second quarter. Owl Creek Wealth Partners LLC now owns 142 shares of the company’s stock valued at $43,000 after buying an additional 120 shares in the last quarter.
Invesco NASDAQ 100 ETF Trading Up 0.6%
Shares of QQQM opened at $282.23 on Wednesday. The company has a market cap of $104.94 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year high of $314.11. The company’s fifty day simple moving average is $298.09 and its 200 day simple moving average is $279.82.
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.
See Also
- Five stocks we like better than Invesco NASDAQ 100 ETF
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
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.
