Park Avenue Securities LLC Increases Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Park Avenue Securities LLC boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 223.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,595 shares of the company’s stock after purchasing an additional 8,702 shares during the quarter. Park Avenue Securities LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of QQQM. Jackson Hole Capital Partners LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $25,000. Wolff Wiese Magana LLC bought a new stake in Invesco NASDAQ 100 ETF in the third quarter worth $26,000. New Millennium Group LLC boosted its holdings in Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after acquiring an additional 94 shares during the period. Trust Co. of Toledo NA OH bought a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $28,000. Finally, Abich Financial Wealth Management LLC purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $239.64 on Monday. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23. The stock has a 50 day moving average price of $251.35 and a two-hundred day moving average price of $251.05. The company has a market capitalization of $68.74 billion, a P/E ratio of 31.95 and a beta of 1.16.

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.