Prism Advisors Inc. trimmed its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 10.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 19,638 shares of the company’s stock after selling 2,409 shares during the period. Invesco NASDAQ 100 ETF comprises 1.5% of Prism Advisors Inc.’s investment portfolio, making the stock its 21st largest position. Prism Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $6,046,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in QQQM. Investors Research Corp purchased a new position in Invesco NASDAQ 100 ETF during the second quarter valued at $38,000. SJS Investment Consulting Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 1st quarter worth about $40,000. Osbon Capital Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth about $41,000. Versant Capital Management Inc bought a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth about $41,000. Finally, Owl Creek Wealth Partners LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 545.5% in the 2nd quarter. Owl Creek Wealth Partners LLC now owns 142 shares of the company’s stock worth $43,000 after acquiring an additional 120 shares in the last quarter.
Invesco NASDAQ 100 ETF Price Performance
Shares of NASDAQ QQQM opened at $309.39 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $228.75 and a 1 year high of $314.11. The firm has a 50-day moving average of $298.58 and a 200 day moving average of $287.37. The stock has a market cap of $112.00 billion, a P/E ratio of 31.95 and a beta of 1.22.
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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