Tudor Financial Inc. Sells 3,295 Shares of Invesco NASDAQ 100 ETF $QQQM

Tudor Financial Inc. lowered its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 69.3% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,457 shares of the company’s stock after selling 3,295 shares during the period. Tudor Financial Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $442,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of QQQM. Florida Financial Advisors LLC raised its position in Invesco NASDAQ 100 ETF by 71.0% in the first quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock valued at $4,150,000 after purchasing an additional 7,252 shares during the last quarter. Nicholas Wealth LLC. bought a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $1,164,000. Bank of New York Mellon Corp grew its holdings in shares of Invesco NASDAQ 100 ETF by 8.1% during the fourth quarter. Bank of New York Mellon Corp now owns 835,930 shares of the company’s stock worth $211,423,000 after purchasing an additional 62,705 shares during the last quarter. JDM Financial Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 37.2% in the first quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock valued at $1,879,000 after buying an additional 2,143 shares during the period. Finally, Tactive Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 422.1% in the second quarter. Tactive Advisors LLC now owns 29,459 shares of the company’s stock valued at $8,925,000 after buying an additional 23,817 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $295.51 on Friday. The company has a 50 day simple moving average of $292.74 and a 200 day simple moving average of $277.90. The firm has a market cap of $101.44 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 1 year low of $228.75 and a 1 year high of $308.21.

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.