43,905 Shares in Invesco NASDAQ 100 ETF $QQQM Purchased by Procyon Advisors LLC

Procyon Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 43,905 shares of the company’s stock, valued at approximately $11,104,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bison Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $393,000. Capstone Wealth Management Group LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 9.6% in the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after purchasing an additional 3,220 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 1.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after purchasing an additional 819 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the first quarter worth about $742,000. Finally, Valeo Financial Advisors LLC acquired a new position in Invesco NASDAQ 100 ETF in the second quarter worth about $534,000.

Invesco NASDAQ 100 ETF Stock Down 1.9%

NASDAQ:QQQM opened at $239.64 on Friday. The company has a market cap of $68.74 billion, a PE ratio of 31.95 and a beta of 1.16. The business’s 50 day moving average is $251.35 and its two-hundred day moving average is $250.93. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23.

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.