Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Sepio Capital LP

Sepio Capital LP grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,096 shares of the company’s stock after buying an additional 5,997 shares during the period. Invesco NASDAQ 100 ETF accounts for about 0.9% of Sepio Capital LP’s investment portfolio, making the stock its 21st largest position. Sepio Capital LP’s holdings in Invesco NASDAQ 100 ETF were worth $22,268,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of QQQM. Meitav Investment House Ltd. lifted its position 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. Royal Bank of Canada boosted its position 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 position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at $130,019,000. Northwestern Mutual Wealth Management Co. increased its stake in Invesco NASDAQ 100 ETF by 4.7% in the 2nd 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 during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock valued at $2,289,586,000 after acquiring an additional 170,070 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 2.8%

QQQM opened at $290.13 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $314.11. The business’s fifty day simple moving average is $298.98 and its 200-day simple moving average is $291.54. The company has a market capitalization of $105.93 billion, a price-to-earnings 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.