Tudor Financial Inc. Sells 3,295 Shares of Invesco NASDAQ 100 ETF $QQQM

Tudor Financial Inc. lowered its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 69.3% during the second quarter, Holdings Channel reports. The firm owned 1,457 shares of the company’s stock after selling 3,295 shares during the period. Tudor Financial Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $442,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of QQQM. Invesco Ltd. increased its position in shares of Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after buying an additional 468,626 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco NASDAQ 100 ETF by 4.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock valued at $1,172,000,000 after buying an additional 173,431 shares during the period. Raymond James Financial Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 11.9% in the fourth quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock valued at $742,825,000 after buying an additional 313,262 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives boosted its position in Invesco NASDAQ 100 ETF by 5.1% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock valued at $666,191,000 after acquiring an additional 129,000 shares during the last quarter. Finally, Meitav Investment House Ltd. boosted its position in Invesco NASDAQ 100 ETF by 25.3% during the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock valued at $612,143,000 after acquiring an additional 520,102 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.2%

Shares of Invesco NASDAQ 100 ETF stock opened at $295.51 on Friday. The business has a 50-day moving average price of $292.74 and a two-hundred day moving average price of $277.90. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year high of $308.21. The company has a market cap of $101.44 billion, a P/E ratio of 31.95 and a beta of 1.23.

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.