Invesco NASDAQ 100 ETF (QQQM) Buys $18.4 Million More NVIDIA on Oct. 15
gurufocus.com · 2026-10-19
Invesco NASDAQ 100 ETF (QQQM) extended its run of across-the-board additions, lifting all 101 positions on Thursday, Oct. 15. The fund recorded $227.5 million i
TickrTrends take: The Invesco NASDAQ 100 ETF's continued accumulation of NVIDIA shares reflects ongoing institutional confidence in semiconductor leaders, a sector where memory chip manufacturers like Micron operate alongside GPU producers. With TickrTrends currently assessing Micron as undervalued, investors monitoring the memory chip space should watch whether similar institutional buying pressure extends to Micron or whether valuation gaps between NVIDIA and memory chipmakers persist. Such divergence in institutional flows could signal either undervaluation opportunity or fundamental differences in how the market is pricing semiconductor subsectors.
Read the full story at gurufocus.com →
Is MU undervalued? See TickrTrends' fair value analysis →