Richard W. Paul & Associates LLC cut its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 13.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,324 shares of the company’s stock after selling 840 shares during the period. Richard W. Paul & Associates LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,049,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its stake in Invesco NASDAQ 100 ETF by 6.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,428,387 shares of the company’s stock valued at $260,952,000 after purchasing an additional 80,230 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in Invesco NASDAQ 100 ETF by 6.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,418,246 shares of the company’s stock valued at $279,551,000 after purchasing an additional 83,702 shares during the period. Meitav Investment House Ltd. boosted its stake in Invesco NASDAQ 100 ETF by 1.4% in the 1st quarter. Meitav Investment House Ltd. now owns 1,264,323 shares of the company’s stock valued at $231,041,000 after purchasing an additional 17,800 shares during the period. Cetera Investment Advisers raised its holdings in Invesco NASDAQ 100 ETF by 536.4% in the 1st quarter. Cetera Investment Advisers now owns 1,043,700 shares of the company’s stock valued at $190,673,000 after acquiring an additional 879,707 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Invesco NASDAQ 100 ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 929,408 shares of the company’s stock valued at $169,794,000 after acquiring an additional 97,618 shares in the last quarter.
Invesco NASDAQ 100 ETF Trading Down 1.6 %
NASDAQ QQQM traded down $3.17 during midday trading on Thursday, hitting $195.43. The company had a trading volume of 1,295,986 shares, compared to its average volume of 1,800,177. The company has a market capitalization of $30.39 billion, a PE ratio of 34.39 and a beta of 1.18. The firm has a 50-day moving average price of $195.52 and a 200-day moving average price of $186.40. Invesco NASDAQ 100 ETF has a twelve month low of $140.84 and a twelve month high of $207.24.
Invesco NASDAQ 100 ETF Cuts Dividend
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.
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