9,135 Shares of Invesco NASDAQ 100 ETF $QQQM Bought by Swmg LLC

Swmg LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 9,135 shares of the company’s stock, valued at approximately $2,650,000. Invesco NASDAQ 100 ETF accounts for 0.6% of Swmg LLC’s investment portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in Invesco NASDAQ 100 ETF by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock worth $2,289,586,000 after buying an additional 170,070 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco NASDAQ 100 ETF by 4.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after acquiring an additional 173,431 shares in the last quarter. Meitav Investment House Ltd. increased its position in shares of Invesco NASDAQ 100 ETF by 25.3% in the first 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 increased its position in shares of Invesco NASDAQ 100 ETF by 5.7% in the first 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 raised its stake in shares of 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 valued at $414,189,000 after acquiring an additional 456,274 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $290.06 on Monday. The company has a market cap of $106.54 billion, a PE ratio of 31.95 and a beta of 1.22. The company’s fifty day simple moving average is $298.76 and its 200-day simple moving average is $291.87. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week 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.