HighTower Advisors LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 25.0% during the fourth quarter, HoldingsChannel reports. The fund owned 384,040 shares of the company’s stock after acquiring an additional 76,802 shares during the quarter. HighTower Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $97,131,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Garner Asset Management Corp bought a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. New Millennium Group LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 671.4% in the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after buying an additional 94 shares during the last quarter. Imprint Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth about $31,000. Abich Financial Wealth Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth about $31,000. Finally, Bank & Trust Co bought a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth about $46,000.
Invesco NASDAQ 100 ETF Stock Performance
Invesco NASDAQ 100 ETF stock opened at $288.84 on Wednesday. The firm’s 50-day moving average is $260.36 and its 200-day moving average is $255.75. Invesco NASDAQ 100 ETF has a 1 year low of $208.18 and a 1 year high of $297.29. The company has a market cap of $86.70 billion, a P/E ratio of 31.95 and a beta of 1.21.
Invesco NASDAQ 100 ETF Increases 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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