Invesco NASDAQ 100 ETF (QQQM) was the sole fund in this ETF activity report, buying $203.7 million of stock on Monday against no sales. The $108.49 billion fund
Invesco NASDAQ 100 ETF (QQQM) was the sole fund in this ETF activity report, buying $203.7 million of stock on Monday against no sales.
The $108.49 billion fund
The $108.49 billion fund bought $203.7 million of stock on Monday, increasing all 101 positions and selling nothing.
Invesco NASDAQ 100 ETF (QQQM) was the sole fund in this ETF activity report, buying $203.7 million of stock on Monday against no sales. The $108.49 billion fund increased all 101 of its positions and decreased none, for net buying of $203.7 million.
What did QQQM buy on Monday?
Its largest buys by dollar value were NVDA ($16.7 million), AAPL ($15.9 million) and MSFT ($12.6 million).
The largest buy was NVIDIA Corp (NVDA), where QQQM added 76,797 shares worth $16.7 million, lifting the position to 8.18% of assets. Apple Inc (AAPL) followed with 46,506 shares added for $15.9 million at a 7.83% weight, then Microsoft Corp (MSFT) with 23,667 shares for $12.6 million at 6.2%. Amazon.com Inc (AMZN) rose by 34,362 shares for $9.0 million at 4.43%, and Micron Technology Inc (MU) by 9,936 shares for $9.0 million at 4.41%. None of the buys were new positions and there were no exits.
How does QQQM invest?
Invesco NASDAQ 100 ETF (QQQM) is an Equity US fund in the Equity asset class, holding 101 stocks with 47.2% of assets in its 10 largest holdings. Technology accounts for 57.9% of the stocks that could be classified, Communication Services 12.4% and Consumer Cyclical 10.8%, and the portfolio is 100.0% large-cap. It has an expense ratio of 0.15%, and its top holdings are NVIDIA Corp at 8.18%, Apple Inc at 7.83%, Microsoft Corp at 6.2%, Amazon.com Inc at 4.43% and Micron Technology Inc at 4.41%. The fund has a GF Score of 88, a P/E of 28.59, a P/B of 7.7, a dividend yield of 0.44% and a year-to-date return of 17.29%.
Invesco NASDAQ 100 ETF QQQM at a glance
Averytin News Financial update.