Smith Shellnut Wilson LLC ADV decreased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 41.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,758 shares of the company’s stock after selling 14,175 shares during the quarter. Invesco NASDAQ 100 ETF makes up 2.3% of Smith Shellnut Wilson LLC ADV’s investment portfolio, making the stock its 11th biggest holding. Smith Shellnut Wilson LLC ADV’s holdings in Invesco NASDAQ 100 ETF were worth $6,019,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased 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 purchasing an additional 170,070 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Invesco NASDAQ 100 ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after purchasing an additional 173,431 shares during the last quarter. Meitav Investment House Ltd. lifted its holdings in Invesco NASDAQ 100 ETF by 25.3% during the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after buying an additional 520,102 shares during the period. Cetera Investment Advisers lifted its holdings in Invesco NASDAQ 100 ETF by 5.7% during the 1st quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock worth $526,813,000 after buying an additional 120,112 shares during the period. Finally, Royal Bank of Canada lifted its holdings in Invesco NASDAQ 100 ETF by 35.5% during the 1st quarter. Royal Bank of Canada now owns 1,743,076 shares of the company’s stock worth $414,189,000 after buying an additional 456,274 shares during the period.
Invesco NASDAQ 100 ETF Trading Up 1.0%
NASDAQ QQQM opened at $298.64 on Thursday. The business’s 50-day moving average price is $299.21 and its two-hundred day moving average price is $291.19. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $314.11. The firm has a market capitalization of $109.03 billion, a PE ratio of 31.95 and a beta of 1.22.
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.
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