Invesco NASDAQ 100 ETF $QQQM Stock: Trademark Financial Management LLC Increases Stake

Trademark Financial Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 45,098 shares of the company’s stock after buying an additional 2,222 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 5.6% of Trademark Financial Management LLC’s holdings, making the stock its 4th biggest holding. Trademark Financial Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $13,739,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Argyle Capital Partners LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $272,000. Compass Ion Advisors LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 77.0% during the 3rd quarter. Compass Ion Advisors LLC now owns 1,179 shares of the company’s stock worth $359,000 after acquiring an additional 513 shares during the period. Swmg LLC bought a new position in Invesco NASDAQ 100 ETF during the third quarter worth $2,650,000. Radnor Capital Management LLC acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $323,000. Finally, Bernardo Wealth Planning LLC boosted its stake in Invesco NASDAQ 100 ETF by 24.7% in the 3rd quarter. Bernardo Wealth Planning LLC now owns 25,672 shares of the company’s stock valued at $7,821,000 after purchasing an additional 5,077 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $290.06 on Monday. The firm has a market cap of $106.54 billion, a price-to-earnings 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 firm’s 50-day simple moving average is $298.76 and its 200 day simple moving average is $291.87.

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.