10,264 Invesco NASDAQ 100 ETF $QQQM Shares Sold by StoneX Group Inc.

StoneX Group Inc. decreased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 9.2% in the third quarter, Holdings Channel reports. The firm owned 101,789 shares of the company’s stock after selling 10,264 shares during the period. Invesco NASDAQ 100 ETF accounts for 1.1% of StoneX Group Inc.’s investment portfolio, making the stock its 15th largest holding. StoneX Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $31,009,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of QQQM. MADDEN SECURITIES Corp purchased a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth $30,000. Compass Financial Management LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 205.4% in the 3rd quarter. Compass Financial Management LLC now owns 113 shares of the company’s stock worth $34,000 after buying an additional 76 shares during the period. Torren Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $38,000. Investors Research Corp purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth $38,000. Finally, Versant Capital Management Inc bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth $41,000.

Invesco NASDAQ 100 ETF Trading Up 1.3%

QQQM opened at $270.22 on Friday. The company has a market capitalization of $101.45 billion, a price-to-earnings ratio of 31.95 and a beta of 1.24. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $314.11. The business’s fifty day simple moving average is $296.88 and its 200-day simple moving average is $280.11.

Invesco NASDAQ 100 ETF Company 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.