Waverly Advisors LLC boosted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 446.4% in the second quarter, Holdings Channel.com reports. The firm owned 171,271 shares of the company’s stock after purchasing an additional 139,923 shares during the period. Waverly Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $51,890,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Bison Wealth LLC bought a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $393,000. Capstone Wealth Management Group LLC grew its position in shares of Invesco NASDAQ 100 ETF by 9.6% in the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after purchasing an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 1.6% in the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after purchasing an additional 819 shares during the period. Empowered Funds LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth about $742,000. Finally, Valeo Financial Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $534,000.
Invesco NASDAQ 100 ETF Price Performance
QQQM stock traded down $0.31 on Tuesday, reaching $295.76. 2,429,776 shares of the company were exchanged, compared to its average volume of 4,182,678. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $308.21. The stock’s fifty day moving average price is $292.80 and its 200 day moving average price is $278.58. The firm has a market capitalization of $101.52 billion, a PE ratio of 31.95 and a beta of 1.23.
Invesco NASDAQ 100 ETF Company 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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