Invesco NASDAQ 100 ETF $QQQM Shares Sold by Smith Chas P & Associates PA Cpas

Smith Chas P & Associates PA Cpas cut its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 142,482 shares of the company’s stock after selling 1,865 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 2.1% of Smith Chas P & Associates PA Cpas’ holdings, making the stock its 22nd largest holding. Smith Chas P & Associates PA Cpas’ holdings in Invesco NASDAQ 100 ETF were worth $41,642,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in shares of 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 worth $2,289,586,000 after acquiring an additional 170,070 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake 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 last quarter. Meitav Investment House Ltd. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 25.3% during the first 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 in the last quarter. Cetera Investment Advisers boosted its position in shares of Invesco NASDAQ 100 ETF by 5.7% during the first quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock valued at $526,813,000 after buying an additional 120,112 shares during the last quarter. Finally, Royal Bank of Canada increased 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 buying an additional 456,274 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.0%

NASDAQ:QQQM opened at $298.64 on Thursday. The company has a market cap of $109.03 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $314.11. The company has a 50 day simple moving average of $299.21 and a two-hundred day simple moving average of $291.19.

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.