Invesco NASDAQ 100 ETF $QQQM Shares Sold by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp reduced its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 99.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,426 shares of the company’s stock after selling 454,248 shares during the quarter. Noesis Capital Mangement Corp’s holdings in Invesco NASDAQ 100 ETF were worth $434,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of QQQM. Envestnet Asset Management Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 2.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock valued at $2,289,586,000 after buying an additional 170,070 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after acquiring an additional 173,431 shares during the period. Meitav Investment House Ltd. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 25.3% during the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after acquiring an additional 520,102 shares during the period. Cetera Investment Advisers boosted its position in shares of Invesco NASDAQ 100 ETF by 5.7% during the 1st quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock worth $526,813,000 after acquiring an additional 120,112 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in shares of Invesco NASDAQ 100 ETF by 35.5% during the 1st quarter. Royal Bank of Canada now owns 1,743,076 shares of the company’s stock worth $414,189,000 after acquiring an additional 456,274 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $293.26 on Tuesday. Invesco NASDAQ 100 ETF has a fifty-two week low of $228.75 and a fifty-two week high of $314.11. The stock’s fifty day moving average price is $298.86 and its two-hundred day moving average price is $278.65. The company has a market cap of $107.95 billion, a PE ratio of 31.95 and a beta of 1.22.

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.