Canvas Wealth Advisors LLC Acquires 4,279 Shares of Invesco NASDAQ 100 ETF $QQQM

Canvas Wealth Advisors LLC grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 59.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,517 shares of the company’s stock after acquiring an additional 4,279 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of QQQM. Florida Financial Advisors LLC increased its stake in Invesco NASDAQ 100 ETF by 71.0% in the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after acquiring an additional 7,252 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $4,938,000. HighTower Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF by 33.9% during the 2nd quarter. HighTower Advisors LLC now owns 643,133 shares of the company’s stock valued at $194,850,000 after purchasing an additional 162,761 shares during the period. QRG Capital Management Inc. boosted its holdings in Invesco NASDAQ 100 ETF by 207.5% in the second quarter. QRG Capital Management Inc. now owns 4,668 shares of the company’s stock valued at $1,414,000 after acquiring an additional 3,150 shares in the last quarter. Finally, Waverly Advisors LLC lifted its holdings in Invesco NASDAQ 100 ETF by 446.4% in the second quarter. Waverly Advisors LLC now owns 171,271 shares of the company’s stock worth $51,890,000 after buying an additional 139,923 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM traded up $3.37 during trading hours on Friday, reaching $270.22. 6,799,307 shares of the company’s stock traded hands, compared to its average volume of 4,049,767. The firm has a 50-day simple moving average of $296.88 and a 200 day simple moving average of $280.11. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $314.11. The firm has a market cap of $100.77 billion, a PE ratio of 31.95 and a beta of 1.24.

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.