Invesco NASDAQ 100 ETF $QQQM Stock Position Boosted by CoreCap Advisors LLC

CoreCap Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 990.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 78,010 shares of the company’s stock after acquiring an additional 70,859 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 0.7% of CoreCap Advisors LLC’s holdings, making the stock its 20th biggest position. CoreCap Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $23,765,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of QQQM. Titleist Asset Management LLC boosted its stake in Invesco NASDAQ 100 ETF by 33.7% during the 3rd quarter. Titleist Asset Management LLC now owns 12,297 shares of the company’s stock worth $3,746,000 after purchasing an additional 3,098 shares during the period. Apella Capital LLC increased its stake in Invesco NASDAQ 100 ETF by 23.4% in the third quarter. Apella Capital LLC now owns 1,411 shares of the company’s stock valued at $440,000 after purchasing an additional 268 shares during the period. Avidian Wealth Enterprises LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 19.4% in the third quarter. Avidian Wealth Enterprises LLC now owns 18,875 shares of the company’s stock valued at $5,750,000 after buying an additional 3,069 shares during the last quarter. Valeo Financial Advisors LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 25.2% in the third quarter. Valeo Financial Advisors LLC now owns 13,720 shares of the company’s stock valued at $4,180,000 after buying an additional 2,762 shares during the last quarter. Finally, Ayalon Insurance Comp Ltd. raised its holdings in shares of Invesco NASDAQ 100 ETF by 14.5% in the third quarter. Ayalon Insurance Comp Ltd. now owns 102,632 shares of the company’s stock valued at $31,266,000 after buying an additional 12,982 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Down 1.3%

Shares of QQQM traded down $4.09 during mid-day trading on Thursday, hitting $307.85. 2,868,354 shares of the company’s stock were exchanged, compared to its average volume of 4,019,276. Invesco NASDAQ 100 ETF has a fifty-two week low of $228.75 and a fifty-two week high of $314.11. The business’s 50 day moving average is $297.53 and its two-hundred day moving average is $286.74. The firm has a market capitalization of $111.44 billion, a P/E ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF 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.