Invesco NASDAQ 100 ETF $QQQM Shares Acquired by United Advisor Group LLC

United Advisor Group LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 71.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,926 shares of the company’s stock after purchasing an additional 14,520 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 1.0% of United Advisor Group LLC’s holdings, making the stock its 17th biggest position. United Advisor Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $10,640,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. MADDEN SECURITIES Corp bought a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at $30,000. Compass Financial Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 205.4% during the 3rd quarter. Compass Financial Management LLC now owns 113 shares of the company’s stock worth $34,000 after purchasing an additional 76 shares during the period. Investors Research Corp bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth about $38,000. Torren Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at about $38,000. Finally, Versant Capital Management Inc acquired a new position in shares of Invesco NASDAQ 100 ETF during the second quarter valued at about $41,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM traded up $3.37 during trading hours on Friday, reaching $270.22. 6,799,307 shares of the company traded hands, compared to its average volume of 4,049,767. The stock’s fifty day moving average is $296.88 and its 200 day moving average is $280.11. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year high of $314.11. The stock has a market cap of $100.77 billion, a P/E ratio of 31.95 and a beta of 1.24.

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.