Invesco NASDAQ 100 ETF $QQQM Shares Bought by Marshall Financial Group LLC

Marshall Financial Group LLC lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 36.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,096 shares of the company’s stock after buying an additional 2,690 shares during the period. Marshall Financial Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,554,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Gradient Investments LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 3.3% during the 4th quarter. Gradient Investments LLC now owns 264,052 shares of the company’s stock valued at $66,784,000 after buying an additional 8,429 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Invesco NASDAQ 100 ETF by 3.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,171,905 shares of the company’s stock worth $300,822,000 after acquiring an additional 41,945 shares in the last quarter. NorthCrest Asset Manangement LLC boosted its holdings in Invesco NASDAQ 100 ETF by 72.5% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 2,380 shares of the company’s stock worth $606,000 after acquiring an additional 1,000 shares during the period. Legacy Private Trust Co. grew its position in Invesco NASDAQ 100 ETF by 1.6% in the fourth quarter. Legacy Private Trust Co. now owns 4,199 shares of the company’s stock valued at $1,062,000 after acquiring an additional 65 shares in the last quarter. Finally, Maridea Wealth Management LLC grew its position in Invesco NASDAQ 100 ETF by 12.8% in the fourth quarter. Maridea Wealth Management LLC now owns 18,184 shares of the company’s stock valued at $4,599,000 after acquiring an additional 2,058 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 1.9%

QQQM opened at $239.64 on Monday. The firm’s 50 day moving average is $251.35 and its 200-day moving average is $251.05. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $262.23. The firm has a market capitalization of $68.74 billion, a P/E ratio of 31.95 and a beta of 1.16.

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.