Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Purchased by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 788 shares of the company’s stock after purchasing an additional 84 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $144,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Raymond James Financial Services Advisors Inc. raised its position in Invesco NASDAQ 100 ETF by 25.2% in the fourth 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 in the last quarter. Ameriprise Financial Inc. raised its position in Invesco NASDAQ 100 ETF by 8.9% in the third 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 in the last quarter. Mainstay Capital Management LLC ADV grew its holdings in Invesco NASDAQ 100 ETF by 53.0% in the fourth 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. Mirae Asset Global Investments Co. Ltd. grew its holdings in Invesco NASDAQ 100 ETF by 10.0% in the fourth 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. Finally, Money Design Co. Ltd. grew its holdings in Invesco NASDAQ 100 ETF by 126.0% in the fourth quarter. Money Design Co. Ltd. now owns 785,015 shares of the company’s stock valued at $132,306,000 after purchasing an additional 437,683 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $197.54 on Monday. The firm has a market capitalization of $25.62 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $140.84 and a fifty-two week high of $200.32. The stock’s fifty day moving average is $184.97 and its two-hundred day moving average is $178.56.

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.