West Michigan Advisors LLC cut its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 10.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,267 shares of the company’s stock after selling 379 shares during the period. West Michigan Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $656,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Calton & Associates Inc. purchased a new position in Invesco NASDAQ 100 ETF in the 1st quarter valued at approximately $251,000. Silverleafe Capital Partners LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 7.3% in the first quarter. Silverleafe Capital Partners LLC now owns 1,280 shares of the company’s stock worth $234,000 after acquiring an additional 87 shares during the last quarter. Monumental Financial Group Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 7.0% during the 1st quarter. Monumental Financial Group Inc. now owns 60,625 shares of the company’s stock valued at $11,076,000 after buying an additional 3,990 shares during the period. CRA Financial Services LLC increased its stake in Invesco NASDAQ 100 ETF by 30.2% during the first quarter. CRA Financial Services LLC now owns 1,790 shares of the company’s stock worth $327,000 after acquiring an additional 415 shares during the last quarter. Finally, Richardson Capital Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 2,146.7% in the first quarter. Richardson Capital Management LLC now owns 337 shares of the company’s stock valued at $61,000 after buying an additional 322 shares during the period.
Invesco NASDAQ 100 ETF Trading Up 0.8 %
Shares of NASDAQ QQQM opened at $202.62 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $140.84 and a 12-month high of $207.24. The stock has a fifty day moving average price of $197.60 and a 200 day moving average price of $191.90. The company has a market cap of $34.67 billion, a P/E ratio of 34.39 and a beta of 1.18.
Invesco NASDAQ 100 ETF Cuts Dividend
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.
Further Reading
- Five stocks we like better than Invesco NASDAQ 100 ETF
- Basic Materials Stocks Investing
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- How to Use the MarketBeat Excel Dividend Calculator
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- The Downtrend in UPS Stock Isn’t Over Yet
Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report).
Receive News & Ratings for Invesco NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.