Financial Enhancement Group LLC Buys 3,504 Shares of Invesco NASDAQ 100 ETF $QQQM

Financial Enhancement Group LLC increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 43,816 shares of the company’s stock after purchasing an additional 3,504 shares during the quarter. Invesco NASDAQ 100 ETF makes up 1.6% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 21st largest holding. Financial Enhancement Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $13,668,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Investors Research Corp bought a new position in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $38,000. SJS Investment Consulting Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth $40,000. Osbon Capital Management LLC acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at $41,000. Versant Capital Management Inc acquired a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at $41,000. Finally, Owl Creek Wealth Partners LLC raised its holdings in Invesco NASDAQ 100 ETF by 545.5% in the 2nd quarter. Owl Creek Wealth Partners LLC now owns 142 shares of the company’s stock worth $43,000 after acquiring an additional 120 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 1.3%

Invesco NASDAQ 100 ETF stock traded down $4.09 on Thursday, reaching $307.85. 2,868,354 shares of the stock were exchanged, compared to its average volume of 4,019,276. The stock has a market cap of $111.44 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11. The firm has a fifty day moving average price of $297.53 and a two-hundred day moving average price of $286.74.

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.