Prairie Advisory LLC raised its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 110.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 109,908 shares of the company’s stock after buying an additional 57,592 shares during the period. Invesco NASDAQ 100 ETF makes up about 3.8% of Prairie Advisory LLC’s portfolio, making the stock its 7th biggest holding. Prairie Advisory LLC’s holdings in Invesco NASDAQ 100 ETF were worth $33,483,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of QQQM. Florida Financial Advisors LLC lifted its stake in Invesco NASDAQ 100 ETF by 71.0% during the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after acquiring an additional 7,252 shares in the last quarter. JDM Financial Group LLC boosted its holdings in Invesco NASDAQ 100 ETF by 37.2% during the 1st quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock valued at $1,879,000 after acquiring an additional 2,143 shares during the period. The Manufacturers Life Insurance Company purchased a new position in Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $4,938,000. HighTower Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF by 33.9% during the 2nd quarter. HighTower Advisors LLC now owns 643,133 shares of the company’s stock valued at $194,850,000 after acquiring an additional 162,761 shares during the period. Finally, QRG Capital Management Inc. boosted its holdings in Invesco NASDAQ 100 ETF by 207.5% during the 2nd quarter. QRG Capital Management Inc. now owns 4,668 shares of the company’s stock valued at $1,414,000 after acquiring an additional 3,150 shares during the period.
Invesco NASDAQ 100 ETF Stock Up 1.4%
NASDAQ QQQM traded up $3.97 during trading on Monday, hitting $296.23. The stock had a trading volume of 1,609,727 shares, compared to its average volume of 3,973,900. The company has a market capitalization of $107.97 billion, a PE ratio of 31.95 and a beta of 1.22. The firm has a 50 day moving average price of $299.22 and a 200 day moving average price of $289.99. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month 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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