Citizens Financial Group Inc. RI boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 31.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 120,630 shares of the company’s stock after purchasing an additional 28,806 shares during the period. Citizens Financial Group Inc. RI’s holdings in Invesco NASDAQ 100 ETF were worth $30,510,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Jackson Hole Capital Partners LLC purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $25,000. Wolff Wiese Magana LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $26,000. New Millennium Group LLC increased its stake in Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after buying an additional 94 shares in the last quarter. Imprint Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000. Finally, Abich Financial Wealth Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000.
Invesco NASDAQ 100 ETF Price Performance
NASDAQ QQQM opened at $274.90 on Friday. The stock’s 50 day simple moving average is $251.52 and its 200-day simple moving average is $252.78. The company has a market cap of $82.46 billion, a PE ratio of 31.95 and a beta of 1.19. Invesco NASDAQ 100 ETF has a 1-year low of $196.36 and a 1-year high of $275.33.
Invesco NASDAQ 100 ETF Increases Dividend
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.
See Also
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).
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