Tennessee Valley Asset Management Partners grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 9.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,781 shares of the company’s stock after purchasing an additional 2,578 shares during the period. Invesco NASDAQ 100 ETF accounts for 1.0% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 19th biggest position. Tennessee Valley Asset Management Partners’ holdings in Invesco NASDAQ 100 ETF were worth $8,768,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of QQQM. Envestnet Asset Management Inc. grew its position in shares of 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 valued at $2,289,586,000 after buying an additional 170,070 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Invesco NASDAQ 100 ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after acquiring an additional 173,431 shares during the period. Cetera Investment Advisers lifted its holdings in 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 worth $526,813,000 after acquiring an additional 120,112 shares during the last quarter. Vantagepoint Investment Advisers LLC lifted its holdings in Invesco NASDAQ 100 ETF by 2.2% in the third quarter. Vantagepoint Investment Advisers LLC now owns 1,958,347 shares of the company’s stock worth $596,591,000 after acquiring an additional 41,883 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in Invesco NASDAQ 100 ETF by 35.5% in 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.
Invesco NASDAQ 100 ETF Stock Up 1.3%
Shares of NASDAQ:QQQM traded up $3.37 during trading on Friday, hitting $270.22. 6,799,307 shares of the company traded hands, compared to its average volume of 4,049,767. The stock has a market capitalization of $100.77 billion, a price-to-earnings ratio of 31.95 and a beta of 1.24. The business’s fifty day moving average is $296.88 and its 200-day moving average is $280.11. Invesco NASDAQ 100 ETF has a one year low of $228.75 and a one year high of $314.11.
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.
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