Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Weitzel Financial Services Inc.

Weitzel Financial Services Inc. increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 46.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,065 shares of the company’s stock after buying an additional 2,858 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 0.9% of Weitzel Financial Services Inc.’s holdings, making the stock its 18th largest position. Weitzel Financial Services Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $2,655,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in QQQM. Bison Wealth LLC bought a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $393,000. Capstone Wealth Management Group LLC grew its position in shares of Invesco NASDAQ 100 ETF by 9.6% during the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after acquiring an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 1.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after acquiring an additional 819 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 1st quarter worth about $742,000. Finally, Valeo Financial Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth about $534,000.

Invesco NASDAQ 100 ETF Stock Up 0.2%

Shares of NASDAQ:QQQM opened at $292.02 on Thursday. The company has a market cap of $100.24 billion, a PE ratio of 31.95 and a beta of 1.23. The company’s 50-day moving average price is $292.72 and its 200 day moving average price is $277.56. Invesco NASDAQ 100 ETF has a fifty-two week low of $228.75 and a fifty-two week high of $308.21.

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.