2,527 Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Mid American Wealth Advisory Group Inc.

Mid American Wealth Advisory Group Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,121 shares of the company’s stock after buying an additional 2,527 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 1.4% of Mid American Wealth Advisory Group Inc.’s portfolio, making the stock its 16th largest holding. Mid American Wealth Advisory Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $4,302,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in 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 buying an additional 170,070 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of 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 valued at $1,172,000,000 after acquiring an additional 173,431 shares during the period. Meitav Investment House Ltd. boosted its stake in shares of 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 acquiring an additional 520,102 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of 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 acquiring an additional 120,112 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of 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 acquiring an additional 456,274 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $298.64 on Thursday. The stock has a market cap of $109.03 billion, a P/E ratio of 31.95 and a beta of 1.22. The stock’s 50 day simple moving average is $299.21 and its 200 day simple moving average is $291.19. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-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.