Vantagepoint Investment Advisers LLC Acquires 41,883 Shares of Invesco NASDAQ 100 ETF $QQQM

Vantagepoint Investment Advisers LLC lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,958,347 shares of the company’s stock after buying an additional 41,883 shares during the quarter. Invesco NASDAQ 100 ETF comprises 4.6% of Vantagepoint Investment Advisers LLC’s portfolio, making the stock its 2nd biggest holding. Vantagepoint Investment Advisers LLC’s holdings in Invesco NASDAQ 100 ETF were worth $596,591,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in QQQM. Investors Research Corp acquired a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $38,000. SJS Investment Consulting Inc. bought a new position in shares of Invesco NASDAQ 100 ETF in the 1st quarter worth $40,000. Versant Capital Management Inc bought a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $41,000. Downshift Financial LLC lifted its holdings in Invesco NASDAQ 100 ETF by 938.5% during the third quarter. Downshift Financial LLC now owns 135 shares of the company’s stock worth $41,000 after acquiring an additional 122 shares in the last quarter. Finally, Owl Creek Wealth Partners LLC grew its position in shares of Invesco NASDAQ 100 ETF by 545.5% in the 2nd quarter. Owl Creek Wealth Partners LLC now owns 142 shares of the company’s stock valued at $43,000 after purchasing an additional 120 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 1.1%

Shares of QQQM stock opened at $293.26 on Tuesday. The firm has a fifty day moving average of $298.86 and a 200-day moving average of $278.65. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $314.11. The company has a market capitalization of $107.95 billion, a price-to-earnings 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.