Tennessee Valley Asset Management Partners Purchases 2,578 Shares of Invesco NASDAQ 100 ETF $QQQM

Tennessee Valley Asset Management Partners lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 9.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 28,781 shares of the company’s stock after acquiring an additional 2,578 shares during the period. Invesco NASDAQ 100 ETF accounts for 1.0% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 19th biggest holding. Tennessee Valley Asset Management Partners’ holdings in Invesco NASDAQ 100 ETF were worth $8,768,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Guidance Capital Inc. grew its position in Invesco NASDAQ 100 ETF by 29.3% in the 3rd quarter. Guidance Capital Inc. now owns 1,922 shares of the company’s stock worth $539,000 after purchasing an additional 436 shares during the last quarter. Asset Dedication LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 2.6% in the third quarter. Asset Dedication LLC now owns 2,128 shares of the company’s stock valued at $648,000 after purchasing an additional 53 shares during the period. United Advisor Group LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 71.2% during the third quarter. United Advisor Group LLC now owns 34,926 shares of the company’s stock valued at $10,640,000 after buying an additional 14,520 shares during the last quarter. Prudent Man Investment Management Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $98,000. Finally, Ashton Thomas Private Wealth LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 28.3% during the third quarter. Ashton Thomas Private Wealth LLC now owns 15,477 shares of the company’s stock valued at $4,715,000 after buying an additional 3,414 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM traded up $3.37 during midday trading on Friday, hitting $270.22. 6,799,307 shares of the company’s stock were exchanged, compared to its average volume of 4,049,767. The stock’s 50 day moving average price is $296.88 and its 200-day moving average price is $280.11. The firm has a market cap of $100.77 billion, a P/E ratio of 31.95 and a beta of 1.24. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11.

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.