Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Spectrum Wealth Advisory Group LLC

Spectrum Wealth Advisory Group LLC raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 152,033 shares of the company’s stock after acquiring an additional 6,621 shares during the period. Invesco NASDAQ 100 ETF makes up 13.1% of Spectrum Wealth Advisory Group LLC’s holdings, making the stock its largest position. Spectrum Wealth Advisory Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $46,315,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in QQQM. Florida Financial Advisors LLC grew its holdings in Invesco NASDAQ 100 ETF by 71.0% during the first quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock valued at $4,150,000 after purchasing an additional 7,252 shares during the period. The Manufacturers Life Insurance Company bought a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at about $4,938,000. HighTower Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 33.9% in the second quarter. HighTower Advisors LLC now owns 643,133 shares of the company’s stock worth $194,850,000 after purchasing an additional 162,761 shares in the last quarter. QRG Capital Management Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 207.5% in the second quarter. QRG Capital Management Inc. now owns 4,668 shares of the company’s stock valued at $1,414,000 after acquiring an additional 3,150 shares during the last quarter. Finally, JDM Financial Group LLC increased 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 buying an additional 2,143 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.6%

Shares of NASDAQ QQQM opened at $282.23 on Wednesday. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11. The business’s 50 day moving average price is $298.09 and its two-hundred day moving average price is $279.82. The company has a market cap of $104.94 billion, a PE ratio of 31.95 and a beta of 1.22.

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.