Ieq Capital LLC Has $37.10 Million Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Ieq Capital LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 16.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 188,218 shares of the company’s stock after buying an additional 26,584 shares during the period. Ieq Capital LLC owned about 0.12% of Invesco NASDAQ 100 ETF worth $37,100,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in Invesco NASDAQ 100 ETF by 1,650.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock worth $1,529,744,000 after purchasing an additional 7,317,531 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in Invesco NASDAQ 100 ETF by 10,544.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock valued at $7,917,000 after purchasing an additional 3,978,954 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Invesco NASDAQ 100 ETF by 6.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,428,387 shares of the company’s stock valued at $260,952,000 after purchasing an additional 80,230 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Invesco NASDAQ 100 ETF by 6.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,418,246 shares of the company’s stock valued at $279,551,000 after purchasing an additional 83,702 shares during the last quarter. Finally, Meitav Investment House Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 1.4% in the 1st quarter. Meitav Investment House Ltd. now owns 1,264,323 shares of the company’s stock valued at $231,041,000 after purchasing an additional 17,800 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 2.5 %

Shares of QQQM stock opened at $198.94 on Friday. The firm has a 50 day moving average price of $192.75 and a two-hundred day moving average price of $188.51. The company has a market capitalization of $30.94 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $140.84 and a 12-month high of $207.24.

About Invesco NASDAQ 100 ETF

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.