Creekmur Asset Management LLC Makes New $32,000 Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Creekmur Asset Management LLC acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 192 shares of the company’s stock, valued at approximately $32,000.

A number of other large investors have also added to or reduced their stakes in the company. LPL Financial LLC increased its stake in Invesco NASDAQ 100 ETF by 12.4% in the 3rd quarter. LPL Financial LLC now owns 3,883,222 shares of the company’s stock worth $572,426,000 after acquiring an additional 428,164 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased 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 worth $212,461,000 after acquiring an additional 254,025 shares during the last quarter. Ameriprise Financial Inc. increased its stake in 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 increased its position in shares of Invesco NASDAQ 100 ETF by 53.0% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,045,155 shares of the company’s stock valued at $176,150,000 after purchasing an additional 362,075 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Invesco NASDAQ 100 ETF by 10.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 885,565 shares of the company’s stock valued at $149,253,000 after purchasing an additional 80,399 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $199.61 on Tuesday. The company has a market cap of $25.89 billion, a P/E ratio of 34.39 and a beta of 1.18. The business’s 50 day moving average price is $183.59 and its 200-day moving average price is $177.44. Invesco NASDAQ 100 ETF has a fifty-two week low of $140.84 and a fifty-two week 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.