Signal Advisors Wealth LLC Purchases 6,638 Shares of Invesco NASDAQ 100 ETF $QQQM

Signal Advisors Wealth LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 48,655 shares of the company’s stock after acquiring an additional 6,638 shares during the period. Signal Advisors Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $14,822,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in QQQM. Krilogy Financial LLC raised its position in shares of Invesco NASDAQ 100 ETF by 10.6% during the 3rd quarter. Krilogy Financial LLC now owns 3,956 shares of the company’s stock valued at $1,215,000 after buying an additional 380 shares during the period. Trinity Wealth Management LLC grew its position in Invesco NASDAQ 100 ETF by 7.6% in the third quarter. Trinity Wealth Management LLC now owns 7,424 shares of the company’s stock worth $2,262,000 after acquiring an additional 527 shares during the period. David Kennon Inc grew its position in Invesco NASDAQ 100 ETF by 5.3% in the third quarter. David Kennon Inc now owns 64,102 shares of the company’s stock worth $19,528,000 after acquiring an additional 3,222 shares during the period. First Financial Corp IN increased its stake in Invesco NASDAQ 100 ETF by 6.0% during the third quarter. First Financial Corp IN now owns 10,908 shares of the company’s stock worth $3,323,000 after acquiring an additional 613 shares during the last quarter. Finally, Downshift Financial LLC increased its stake in Invesco NASDAQ 100 ETF by 938.5% during the third quarter. Downshift Financial LLC now owns 135 shares of the company’s stock worth $41,000 after acquiring an additional 122 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.3%

NASDAQ:QQQM opened at $306.16 on Wednesday. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week high of $314.11. The company has a market capitalization of $111.24 billion, a P/E ratio of 31.95 and a beta of 1.22. The stock’s fifty day moving average is $299.12 and its two-hundred day moving average is $288.62.

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.