Invesco NASDAQ 100 ETF $QQQM Stock Sold by LexAurum Advisors LLC

LexAurum Advisors LLC trimmed its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 64.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,109 shares of the company’s stock after selling 16,733 shares during the period. LexAurum Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,775,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 2.3% in the second quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock valued at $2,289,586,000 after buying an additional 170,070 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Invesco NASDAQ 100 ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after acquiring an additional 173,431 shares during the period. Meitav Investment House Ltd. increased its stake in Invesco NASDAQ 100 ETF by 25.3% during the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after acquiring an additional 520,102 shares during the period. Cetera Investment Advisers increased its stake in Invesco NASDAQ 100 ETF by 5.7% during the 1st quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock worth $526,813,000 after acquiring an additional 120,112 shares during the period. Finally, Royal Bank of Canada raised its holdings in Invesco NASDAQ 100 ETF by 35.5% in the 1st quarter. Royal Bank of Canada now owns 1,743,076 shares of the company’s stock valued at $414,189,000 after acquiring an additional 456,274 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.4%

NASDAQ QQQM traded up $3.97 during midday trading on Monday, hitting $296.23. The company had a trading volume of 1,609,727 shares, compared to its average volume of 3,973,900. The firm has a 50-day moving average price of $299.22 and a 200-day moving average price of $289.99. The company has a market capitalization of $107.97 billion, a PE ratio of 31.95 and a beta of 1.22. 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

(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.

Read More

• Five stocks we like better than Invesco NASDAQ 100 ETF
• Mr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants
• Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
• Insider Buying Is Rising at These 3 Regional Banks, But the Details Matter
• Illinois Tool Works Faces Headwinds—2 Alternatives Stand Out

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:QQQM – Free Report).