Invesco NASDAQ 100 ETF $QQQM is Principia Wealth Advisory LLC’s Largest Position

Principia Wealth Advisory LLC decreased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 0.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 970,826 shares of the company’s stock after selling 4,758 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 62.4% of Principia Wealth Advisory LLC’s portfolio, making the stock its biggest position. Principia Wealth Advisory LLC owned about 0.28% of Invesco NASDAQ 100 ETF worth $294,131,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Meitav Investment House Ltd. boosted its holdings in Invesco NASDAQ 100 ETF by 25.3% in the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after purchasing an additional 520,102 shares in the last quarter. Royal Bank of Canada raised its holdings in Invesco NASDAQ 100 ETF by 62.9% during the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock valued at $325,458,000 after buying an additional 497,004 shares in the last quarter. Invesco Ltd. raised its holdings in Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after buying an additional 468,626 shares in the last quarter. Asset Allocation Strategies LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 728.3% in the second quarter. Asset Allocation Strategies LLC now owns 435,112 shares of the company’s stock worth $98,814,000 after buying an additional 382,579 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 563.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 416,622 shares of the company’s stock worth $105,372,000 after buying an additional 353,872 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $296.07 on Monday. The company has a market cap of $101.63 billion, a PE ratio of 31.95 and a beta of 1.23. The stock has a 50-day moving average of $292.84 and a 200-day moving average of $278.23. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $308.21.

Invesco NASDAQ 100 ETF Company 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.

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