1,742 Shares in Invesco NASDAQ 100 ETF $QQQM Bought by Insight Advisors LLC PA

Insight Advisors LLC PA bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,742 shares of the company’s stock, valued at approximately $531,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QQQM. Envestnet Asset Management Inc. boosted 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 acquiring an additional 170,070 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased 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 valued at $1,172,000,000 after purchasing an additional 173,431 shares during the period. Meitav Investment House Ltd. increased its position 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 valued at $612,143,000 after purchasing an additional 520,102 shares during the period. Cetera Investment Advisers increased its position 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 valued at $526,813,000 after purchasing an additional 120,112 shares during the period. Finally, Royal Bank of Canada raised its holdings in Invesco NASDAQ 100 ETF by 35.5% in the 1st quarter. Royal Bank of Canada now owns 1,743,076 shares of the company’s stock worth $414,189,000 after purchasing an additional 456,274 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 2.8%

Shares of NASDAQ QQQM opened at $290.13 on Friday. The firm has a fifty day simple moving average of $298.98 and a two-hundred day simple moving average of $291.54. 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 $105.93 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.