Invesco NASDAQ 100 ETF $QQQM Position Boosted by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,169 shares of the company’s stock after buying an additional 2,508 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 0.6% of Rehmann Capital Advisory Group’s holdings, making the stock its 28th largest position. Rehmann Capital Advisory Group’s holdings in Invesco NASDAQ 100 ETF were worth $14,582,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Florida Financial Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF by 71.0% in the first quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock valued at $4,150,000 after purchasing an additional 7,252 shares during the last quarter. Nicholas Wealth LLC. bought a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth about $1,164,000. Bank of New York Mellon Corp grew its position in shares of Invesco NASDAQ 100 ETF by 8.1% during the 4th quarter. Bank of New York Mellon Corp now owns 835,930 shares of the company’s stock worth $211,423,000 after buying an additional 62,705 shares during the period. JDM Financial Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 37.2% in the 1st quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock valued at $1,879,000 after acquiring an additional 2,143 shares during the last quarter. Finally, Tactive Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 422.1% in the 2nd quarter. Tactive Advisors LLC now owns 29,459 shares of the company’s stock valued at $8,925,000 after acquiring an additional 23,817 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.1%

Shares of Invesco NASDAQ 100 ETF stock opened at $295.18 on Tuesday. The company has a market capitalization of $101.32 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $308.21. The stock’s fifty day simple moving average is $292.77 and its 200 day simple moving average is $276.97.

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.