Invesco NASDAQ 100 ETF $QQQM Stock Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 20.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 120,680 shares of the company’s stock after purchasing an additional 20,779 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $36,764,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of QQQM. 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 during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Invesco NASDAQ 100 ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock valued at $1,172,000,000 after buying an additional 173,431 shares in 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 last quarter. 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 last quarter. Finally, Vantagepoint Investment Advisers LLC lifted its holdings in Invesco NASDAQ 100 ETF by 2.2% during the 3rd quarter. Vantagepoint Investment Advisers LLC now owns 1,958,347 shares of the company’s stock worth $596,591,000 after buying an additional 41,883 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.1%

Shares of QQQM opened at $293.26 on Tuesday. The firm has a market cap of $107.95 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. The stock has a 50 day moving average of $298.86 and a 200-day moving average of $278.65. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week 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.