9,861 Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Rolek Wealth Management LLC

Rolek Wealth Management LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 251,122 shares of the company’s stock after purchasing an additional 9,861 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 40.6% of Rolek Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Rolek Wealth Management LLC owned 0.07% of Invesco NASDAQ 100 ETF worth $76,502,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Florida Financial Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 71.0% in the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock valued at $4,150,000 after acquiring an additional 7,252 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in Invesco NASDAQ 100 ETF during the second quarter worth about $4,938,000. JDM Financial Group LLC raised its holdings in Invesco NASDAQ 100 ETF by 37.2% during the first quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock worth $1,879,000 after acquiring an additional 2,143 shares in the last quarter. HighTower Advisors LLC boosted its position in Invesco NASDAQ 100 ETF by 33.9% during the second quarter. HighTower Advisors LLC now owns 643,133 shares of the company’s stock valued at $194,850,000 after purchasing an additional 162,761 shares during the last quarter. Finally, QRG Capital Management Inc. boosted its position in Invesco NASDAQ 100 ETF by 207.5% during the second quarter. QRG Capital Management Inc. now owns 4,668 shares of the company’s stock valued at $1,414,000 after purchasing an additional 3,150 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.0%

QQQM stock opened at $298.64 on Thursday. The business has a 50 day moving average price of $299.21 and a two-hundred day moving average price of $291.19. The company has a market cap of $109.03 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11.

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.