Sagespring Wealth Partners LLC Decreases Holdings in Invesco NASDAQ 100 ETF $QQQM

Sagespring Wealth Partners LLC reduced its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 54.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 7,589 shares of the company’s stock after selling 9,243 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,919,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Jackson Hole Capital Partners LLC bought a new stake in Invesco NASDAQ 100 ETF in the third quarter worth about $25,000. Wolff Wiese Magana LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $26,000. New Millennium Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after purchasing an additional 94 shares during the last quarter. Trust Co. of Toledo NA OH bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $28,000. Finally, Imprint Wealth LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000.

Invesco NASDAQ 100 ETF Trading Down 1.9%

Invesco NASDAQ 100 ETF stock opened at $239.64 on Friday. The business’s 50 day simple moving average is $251.35 and its 200 day simple moving average is $250.93. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $262.23. The company has a market cap of $68.74 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16.

About Invesco NASDAQ 100 ETF

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.