MONECO Advisors LLC Buys 168 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

MONECO Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,608 shares of the company’s stock after acquiring an additional 168 shares during the quarter. MONECO Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $271,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QQQM. LPL Financial LLC lifted its position 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 during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of 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 worth $212,461,000 after acquiring an additional 254,025 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 8.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,156,544 shares of the company’s stock worth $170,669,000 after acquiring an additional 94,790 shares during the last quarter. Mainstay Capital Management LLC ADV lifted its holdings in shares of Invesco NASDAQ 100 ETF by 53.0% in the 4th 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 during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 10.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 885,565 shares of the company’s stock worth $149,253,000 after acquiring an additional 80,399 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock traded up $3.00 during trading on Monday, hitting $200.19. The stock had a trading volume of 1,051,058 shares, compared to its average volume of 1,754,865. The firm’s fifty day simple moving average is $183.23 and its 200-day simple moving average is $177.16. The stock has a market cap of $25.96 billion, a PE 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 $200.32.

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.