9,491 Shares of Invesco NASDAQ 100 ETF $QQQM Purchased by Balefire LLC
by Michael Walen · The Markets DailyBalefire LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,491 shares of the company’s stock, valued at approximately $2,891,000.
A number of other hedge funds have also recently bought and sold shares of QQQM. Bullock Wealth Management Group raised its stake in shares of Invesco NASDAQ 100 ETF by 3.9% during the 3rd quarter. Bullock Wealth Management Group now owns 4,975 shares of the company’s stock worth $1,520,000 after purchasing an additional 187 shares in the last quarter. Avaii Wealth Management LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 3.0% in the 3rd quarter. Avaii Wealth Management LLC now owns 2,036 shares of the company’s stock valued at $629,000 after buying an additional 60 shares during the last quarter. Prota Financial LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 5.4% in the third quarter. Prota Financial LLC now owns 39,914 shares of the company’s stock valued at $12,196,000 after buying an additional 2,053 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 30.0% in the third quarter. GAMMA Investing LLC now owns 1,495 shares of the company’s stock valued at $455,000 after buying an additional 345 shares in the last quarter. Finally, Allen Mooney & Barnes Investment Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at $218,000.
Invesco NASDAQ 100 ETF Stock Performance
QQQM traded up $1.54 during trading on Friday, reaching $309.39. 1,619,167 shares of the stock were exchanged, compared to its average volume of 4,006,988. The stock has a market cap of $112.00 billion, a P/E ratio of 31.95 and a beta of 1.22. The stock’s 50 day moving average price is $298.06 and its two-hundred day moving average price is $287.22. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11.
About Invesco NASDAQ 100 ETF
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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