Invesco NASDAQ 100 ETF $QQQM Shares Bought by Allworth Financial LP

Allworth Financial LP grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 67.8% during the third quarter, HoldingsChannel reports. The firm owned 9,816 shares of the company’s stock after buying an additional 3,965 shares during the period. Allworth Financial LP’s holdings in Invesco NASDAQ 100 ETF were worth $2,426,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of QQQM. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of Invesco NASDAQ 100 ETF by 1,473.2% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 5,695 shares of the company’s stock worth $1,407,000 after acquiring an additional 5,333 shares in the last quarter. Bright Futures Wealth Management LLC. acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $617,000. Evolution Wealth Management Inc. grew its stake in Invesco NASDAQ 100 ETF by 51,972.7% during the 3rd quarter. Evolution Wealth Management Inc. now owns 5,728 shares of the company’s stock valued at $1,416,000 after purchasing an additional 5,717 shares in the last quarter. Boyum Wealth Architects LLC increased its holdings in Invesco NASDAQ 100 ETF by 12.4% during the 3rd quarter. Boyum Wealth Architects LLC now owns 22,813 shares of the company’s stock worth $5,638,000 after purchasing an additional 2,523 shares during the last quarter. Finally, Brookstone Capital Management raised its position in shares of Invesco NASDAQ 100 ETF by 49.7% in the 3rd quarter. Brookstone Capital Management now owns 75,006 shares of the company’s stock valued at $18,535,000 after purchasing an additional 24,904 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 1.9%

Invesco NASDAQ 100 ETF stock opened at $239.64 on Friday. The stock has a market cap of $68.74 billion, a P/E ratio of 31.95 and a beta of 1.16. The stock has a 50 day moving average of $251.35 and a 200-day moving average of $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.