Sumitomo Mitsui Trust Group Inc. decreased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 0.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 706,624 shares of the company’s stock after selling 5,313 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $215,266,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Meitav Investment House Ltd. boosted its position in shares of Invesco NASDAQ 100 ETF by 25.3% during the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock valued at $612,143,000 after acquiring an additional 520,102 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Invesco NASDAQ 100 ETF by 35.5% during the first quarter. Royal Bank of Canada now owns 1,743,076 shares of the company’s stock valued at $414,189,000 after buying an additional 456,274 shares during the period. Japan Science & Technology Agency purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter worth about $130,019,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $56,357,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Invesco NASDAQ 100 ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock valued at $1,172,000,000 after buying an additional 173,431 shares during the last quarter.
Invesco NASDAQ 100 ETF Price Performance
Invesco NASDAQ 100 ETF stock opened at $284.34 on Monday. The stock has a market capitalization of $105.72 billion, a PE ratio of 31.95 and a beta of 1.22. The business’s fifty day moving average is $298.53 and its 200 day moving average is $279.57. Invesco NASDAQ 100 ETF has a one year low of $228.75 and a one year high of $314.11.
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.
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