Central Pacific Bank Trust Division Boosts Holdings in Invesco NASDAQ 100 ETF $QQQM

Central Pacific Bank Trust Division raised its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 14.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,540 shares of the company’s stock after purchasing an additional 4,427 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 1.1% of Central Pacific Bank Trust Division’s portfolio, making the stock its 12th largest holding. Central Pacific Bank Trust Division’s holdings in Invesco NASDAQ 100 ETF were worth $8,989,000 at the end of the most recent reporting period.

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

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $239.64 on Friday. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $262.23. The firm has a market cap of $68.74 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The business’s fifty day moving average is $251.35 and its 200 day moving average is $250.81.

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.