Invesco NASDAQ 100 ETF $QQQM Stock: Vontobel Holding Ltd. Increases Stake

Vontobel Holding Ltd. grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 26.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,068 shares of the company’s stock after purchasing an additional 4,598 shares during the quarter. Vontobel Holding Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $6,723,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in QQQM. TD Waterhouse Canada Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 211.4% in the third quarter. TD Waterhouse Canada Inc. now owns 16,575 shares of the company’s stock worth $5,065,000 after buying an additional 11,252 shares during the period. Opal Wealth Advisors LLC raised its holdings in Invesco NASDAQ 100 ETF by 14.3% during the 3rd quarter. Opal Wealth Advisors LLC now owns 1,958 shares of the company’s stock valued at $596,000 after buying an additional 245 shares during the last quarter. BostonPremier Wealth LLC raised its holdings in Invesco NASDAQ 100 ETF by 7.3% during the 3rd quarter. BostonPremier Wealth LLC now owns 1,481 shares of the company’s stock valued at $451,000 after buying an additional 101 shares during the last quarter. TopTier Wealth Management LLC boosted its position in Invesco NASDAQ 100 ETF by 87.6% during the 3rd quarter. TopTier Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $1,095,000 after buying an additional 1,678 shares during the period. Finally, Japan Science & Technology Agency purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at $130,019,000.

Invesco NASDAQ 100 ETF Stock Down 2.5%

Shares of QQQM opened at $292.26 on Friday. The stock has a market capitalization of $106.53 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11. The firm has a fifty day simple moving average of $299.22 and a two-hundred day simple moving average of $289.56.

About Invesco NASDAQ 100 ETF

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.