Invesco NASDAQ 100 ETF $QQQM Position Lifted by Lynch Investment Planning LLC

Lynch Investment Planning LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,658 shares of the company’s stock after purchasing an additional 2,091 shares during the period. Invesco NASDAQ 100 ETF comprises about 5.7% of Lynch Investment Planning LLC’s investment portfolio, making the stock its 6th biggest position. Lynch Investment Planning LLC’s holdings in Invesco NASDAQ 100 ETF were worth $7,816,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Latitude Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $242,000. Balance Wealth Partners LLC raised its position in shares of Invesco NASDAQ 100 ETF by 31.7% during the 3rd quarter. Balance Wealth Partners LLC now owns 40,180 shares of the company’s stock valued at $12,240,000 after purchasing an additional 9,671 shares during the period. MBE Wealth Management LLC raised its position in shares of Invesco NASDAQ 100 ETF by 18.5% during the 3rd quarter. MBE Wealth Management LLC now owns 1,330 shares of the company’s stock valued at $405,000 after purchasing an additional 208 shares during the period. Bryant Woods Investment Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF by 41.2% during the 3rd quarter. Bryant Woods Investment Advisors LLC now owns 1,326 shares of the company’s stock valued at $404,000 after purchasing an additional 387 shares during the period. Finally, Walker Financial Services Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 8.6% during the 3rd quarter. Walker Financial Services Inc. now owns 75,898 shares of the company’s stock valued at $23,122,000 after purchasing an additional 6,016 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $296.96 on Wednesday. The company has a market capitalization of $109.31 billion, a P/E ratio of 31.95 and a beta of 1.22. The company has a fifty day moving average of $298.64 and a 200 day moving average of $279.04. Invesco NASDAQ 100 ETF has a fifty-two week low of $228.75 and a fifty-two week high of $314.11.

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.