Retirement Planning Co of New England Inc. increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 10.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,168 shares of the company’s stock after acquiring an additional 290 shares during the period. Retirement Planning Co of New England Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $667,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of QQQM. Financial Management Professionals Inc. acquired a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $25,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $31,000. Kieckhefer Group LLC acquired a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $32,000. Blue Trust Inc. acquired a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $49,000. Finally, Hobbs Group Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF by 257.1% in the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after purchasing an additional 180 shares in the last quarter.
Invesco NASDAQ 100 ETF Stock Up 0.6 %
Shares of QQQM opened at $198.76 on Tuesday. The business’s 50 day moving average is $211.65 and its two-hundred day moving average is $207.54. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $222.64. The firm has a market cap of $39.47 billion, a price-to-earnings ratio of 30.79 and a beta of 1.18.
Invesco NASDAQ 100 ETF Announces Dividend
Invesco NASDAQ 100 ETF Company 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.
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