David Kennon Inc Buys 3,222 Shares of Invesco NASDAQ 100 ETF $QQQM

David Kennon Inc lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 64,102 shares of the company’s stock after purchasing an additional 3,222 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 6.5% of David Kennon Inc’s holdings, making the stock its 4th largest position. David Kennon Inc’s holdings in Invesco NASDAQ 100 ETF were worth $19,528,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. grew its holdings in Invesco NASDAQ 100 ETF by 4.2% during the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after buying an additional 468,626 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 2.3% in the second quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock worth $2,289,586,000 after buying an additional 170,070 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 4.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after buying an additional 173,431 shares in the last quarter. Meitav Investment House Ltd. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 25.3% in the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after buying an additional 520,102 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of Invesco NASDAQ 100 ETF by 5.7% in the first quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock worth $526,813,000 after buying an additional 120,112 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.3%

Shares of QQQM stock traded down $1.03 during trading hours on Tuesday, reaching $306.16. The stock had a trading volume of 2,349,194 shares, compared to its average volume of 3,989,784. The stock’s fifty day simple moving average is $298.96 and its 200 day simple moving average is $288.16. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $314.11. The firm has a market capitalization of $111.24 billion, a PE ratio of 31.95 and a beta of 1.22.

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.