Running Point Capital Advisors LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 2.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 71,832 shares of the company’s stock after buying an additional 1,904 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 5.6% of Running Point Capital Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Running Point Capital Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $14,427,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 1,650.6% in the second quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock valued at $1,529,744,000 after acquiring an additional 7,317,531 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 10,544.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock valued at $7,917,000 after purchasing an additional 3,978,954 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted its stake in shares of Invesco NASDAQ 100 ETF by 260.2% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock valued at $476,014,000 after purchasing an additional 1,712,000 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of Invesco NASDAQ 100 ETF by 536.4% during the first quarter. Cetera Investment Advisers now owns 1,043,700 shares of the company’s stock valued at $190,673,000 after purchasing an additional 879,707 shares in the last quarter. Finally, Yelin Lapidot Holdings Management Ltd. purchased a new position in Invesco NASDAQ 100 ETF during the second quarter valued at approximately $87,237,000.
Invesco NASDAQ 100 ETF Trading Down 0.0 %
Shares of NASDAQ QQQM opened at $207.11 on Thursday. Invesco NASDAQ 100 ETF has a 12-month low of $157.44 and a 12-month high of $212.19. The stock’s fifty day simple moving average is $202.42 and its two-hundred day simple moving average is $195.91. The stock has a market capitalization of $35.29 billion, a PE ratio of 34.39 and a beta of 1.18.
Invesco NASDAQ 100 ETF Cuts Dividend
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.
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