11,339 Invesco NASDAQ 100 ETF $QQQM Shares Acquired by SFM LLC d b a Sweeney Financial Advisors

SFM LLC d b a Sweeney Financial Advisors grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 110.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,638 shares of the company’s stock after purchasing an additional 11,339 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 3.4% of SFM LLC d b a Sweeney Financial Advisors’ investment portfolio, making the stock its 7th largest position. SFM LLC d b a Sweeney Financial Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $6,592,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Invesco Ltd. boosted its stake in shares of Invesco NASDAQ 100 ETF by 4.2% in the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after purchasing an additional 468,626 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock worth $2,289,586,000 after buying an additional 170,070 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco NASDAQ 100 ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after buying an additional 173,431 shares during the period. Meitav Investment House Ltd. raised its stake in Invesco NASDAQ 100 ETF by 25.3% during the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after buying an additional 520,102 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in Invesco NASDAQ 100 ETF by 5.7% during the first quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock worth $526,813,000 after buying an additional 120,112 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM traded down $6.03 during mid-day trading on Wednesday, reaching $300.13. 3,694,353 shares of the stock were exchanged, compared to its average volume of 3,988,312. The stock has a market cap of $109.19 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a one year low of $228.75 and a one year high of $314.11. The stock has a 50 day simple moving average of $299.12 and a 200-day simple moving average of $288.62.

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.