1,865 Invesco NASDAQ 100 ETF $QQQM Shares Sold by Smith Chas P & Associates PA Cpas

Smith Chas P & Associates PA Cpas lessened its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,482 shares of the company’s stock after selling 1,865 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 2.1% of Smith Chas P & Associates PA Cpas’ investment portfolio, making the stock its 22nd largest position. Smith Chas P & Associates PA Cpas’ holdings in Invesco NASDAQ 100 ETF were worth $41,642,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Kachkovsky & Fisher Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 4.0% during the 3rd quarter. Kachkovsky & Fisher Inc. now owns 48,334 shares of the company’s stock worth $14,725,000 after buying an additional 1,873 shares during the period. Mid American Wealth Advisory Group Inc. raised its stake in Invesco NASDAQ 100 ETF by 21.8% during the 3rd quarter. Mid American Wealth Advisory Group Inc. now owns 14,121 shares of the company’s stock worth $4,302,000 after buying an additional 2,527 shares during the period. Rolek Wealth Management LLC raised its stake in Invesco NASDAQ 100 ETF by 4.1% during the 3rd quarter. Rolek Wealth Management LLC now owns 251,122 shares of the company’s stock worth $76,502,000 after buying an additional 9,861 shares during the period. Magnus Financial Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $246,000. Finally, USAdvisors Wealth Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 1.3% during the third quarter. USAdvisors Wealth Management LLC now owns 23,380 shares of the company’s stock worth $7,122,000 after buying an additional 305 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $298.64 on Thursday. The firm has a market capitalization of $109.03 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week high of $314.11. The stock has a 50 day moving average price of $299.21 and a two-hundred day moving average price of $291.19.

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.