Centerpoint Advisory Group Takes Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Centerpoint Advisory Group purchased a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,778 shares of the company’s stock, valued at approximately $536,000.

Several other institutional investors also recently added to or reduced their stakes in QQQM. Flagship Harbor Advisors LLC grew its stake in Invesco NASDAQ 100 ETF by 6.1% in the 1st quarter. Flagship Harbor Advisors LLC now owns 20,801 shares of the company’s stock worth $4,015,000 after acquiring an additional 1,188 shares in the last quarter. Madison Wealth Partners Inc boosted its holdings in shares of Invesco NASDAQ 100 ETF by 25.0% in the first quarter. Madison Wealth Partners Inc now owns 11,859 shares of the company’s stock valued at $2,289,000 after purchasing an additional 2,371 shares during the period. Crews Bank & Trust boosted its holdings in shares of Invesco NASDAQ 100 ETF by 328.6% in the first quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after purchasing an additional 115 shares during the period. Masso Torrence Wealth Management Inc. grew its stake in Invesco NASDAQ 100 ETF by 48.5% in the first quarter. Masso Torrence Wealth Management Inc. now owns 5,371 shares of the company’s stock worth $1,037,000 after purchasing an additional 1,753 shares in the last quarter. Finally, Matrix Asset Advisors Inc. NY purchased a new position in Invesco NASDAQ 100 ETF during the 1st quarter worth $293,000.

Invesco NASDAQ 100 ETF Stock Down 0.4%

Shares of NASDAQ QQQM opened at $216.84 on Monday. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $222.64. The firm has a market cap of $46.26 billion, a PE ratio of 32.67 and a beta of 1.18. The business has a fifty day simple moving average of $206.10 and a two-hundred day simple moving average of $207.16.

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.