Summit Global Investments acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,801 shares of the company’s stock, valued at approximately $1,735,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CarsonAllaria Wealth Management Ltd. bought a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at about $27,000. M&R Capital Management Inc. bought a new stake in Invesco NASDAQ 100 ETF in the first quarter valued at about $28,000. Triad Wealth Partners LLC bought a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at about $30,000. GAMMA Investing LLC bought a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at about $36,000. Finally, Creekmur Asset Management LLC bought a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at about $32,000.
Invesco NASDAQ 100 ETF Trading Up 0.4 %
Invesco NASDAQ 100 ETF stock traded up $0.83 during midday trading on Wednesday, hitting $198.47. The stock had a trading volume of 668,733 shares, compared to its average volume of 1,801,062. The stock has a market cap of $30.86 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $140.84 and a 12 month high of $207.24. The business has a fifty day moving average price of $195.45 and a 200 day moving average price of $186.32.
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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