Moloney Securities Asset Management LLC bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm bought 1,404 shares of the company’s stock, valued at approximately $295,000.
Other hedge funds also recently modified their holdings of the company. Strategic Financial Concepts LLC increased its position in Invesco NASDAQ 100 ETF by 26,756.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after acquiring an additional 6,174,281 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives boosted its holdings in shares of Invesco NASDAQ 100 ETF by 260.2% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after buying an additional 1,712,000 shares in the last quarter. IMC Chicago LLC bought a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth $208,737,000. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Invesco NASDAQ 100 ETF by 13.9% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after buying an additional 754,700 shares during the period. Finally, Main Management Fund Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $65,598,000.
Invesco NASDAQ 100 ETF Trading Up 1.2 %
QQQM opened at $217.86 on Tuesday. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $221.92. The company has a market cap of $43.26 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The company’s fifty day moving average price is $214.59 and its two-hundred day moving average price is $204.12.
Invesco NASDAQ 100 ETF Announces Dividend
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.
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