Ameliora Wealth Management Ltd. Acquires New Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Ameliora Wealth Management Ltd. bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,400 shares of the company’s stock, valued at approximately $213,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Oppenheimer & Co. Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth $1,695,000. Modus Advisors LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 0.3% during the 2nd quarter. Modus Advisors LLC now owns 64,789 shares of the company’s stock worth $9,847,000 after acquiring an additional 209 shares in the last quarter. Vance Wealth Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 8.9% during the 1st quarter. Vance Wealth Inc. now owns 69,576 shares of the company’s stock worth $9,185,000 after acquiring an additional 5,715 shares in the last quarter. Guardian Wealth Advisors LLC NC bought a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $332,000. Finally, Larson Financial Group LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 395.6% during the 1st quarter. Larson Financial Group LLC now owns 223 shares of the company’s stock worth $29,000 after acquiring an additional 178 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 1.8 %

Shares of NASDAQ QQQM traded down $2.73 during trading hours on Friday, hitting $152.50. 1,116,609 shares of the stock were exchanged, compared to its average volume of 1,086,788. Invesco NASDAQ 100 ETF has a 12 month low of $104.62 and a 12 month high of $159.57. The firm has a fifty day moving average price of $153.53 and a 200-day moving average price of $141.89. The company has a market cap of $14.02 billion, a PE ratio of 21.58 and a beta of 1.18.

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.