M&R Capital Management Inc. Invests $28,000 in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

M&R Capital Management Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) during the 1st quarter, HoldingsChannel.com reports. The firm bought 152 shares of the company’s stock, valued at approximately $28,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in QQQM. LPL Financial LLC boosted its holdings in Invesco NASDAQ 100 ETF by 12.4% during the third quarter. LPL Financial LLC now owns 3,883,222 shares of the company’s stock valued at $572,426,000 after purchasing an additional 428,164 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Invesco NASDAQ 100 ETF by 25.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,260,598 shares of the company’s stock valued at $212,461,000 after buying an additional 254,025 shares in the last quarter. Ameriprise Financial Inc. grew its position in Invesco NASDAQ 100 ETF by 8.9% in the third quarter. Ameriprise Financial Inc. now owns 1,156,544 shares of the company’s stock valued at $170,669,000 after acquiring an additional 94,790 shares during the period. Mainstay Capital Management LLC ADV raised its stake in Invesco NASDAQ 100 ETF by 53.0% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,045,155 shares of the company’s stock worth $176,150,000 after acquiring an additional 362,075 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 10.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 885,565 shares of the company’s stock valued at $149,253,000 after acquiring an additional 80,399 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $199.67 on Wednesday. The firm has a market cap of $25.89 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The firm’s 50-day simple moving average is $183.95 and its 200-day simple moving average is $177.72. Invesco NASDAQ 100 ETF has a twelve month low of $140.84 and a twelve month high of $200.32.

Invesco NASDAQ 100 ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report).

Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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