Invesco NASDAQ 100 ETF $QQQM Shares Purchased by SFM LLC d b a Sweeney Financial Advisors

SFM LLC d b a Sweeney Financial Advisors raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 110.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 21,638 shares of the company’s stock after acquiring an additional 11,339 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 3.4% of SFM LLC d b a Sweeney Financial Advisors’ portfolio, making the stock its 7th largest holding. SFM LLC d b a Sweeney Financial Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $6,592,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQM. Ridgeline Wealth Planning LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 4.4% during the first quarter. Ridgeline Wealth Planning LLC now owns 886 shares of the company’s stock worth $211,000 after purchasing an additional 37 shares during the period. Red Crane Wealth Management LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 5.1% in the third quarter. Red Crane Wealth Management LLC now owns 769 shares of the company’s stock worth $234,000 after purchasing an additional 37 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Invesco NASDAQ 100 ETF by 3.6% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,213 shares of the company’s stock valued at $368,000 after purchasing an additional 42 shares during the period. Glen Eagle Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF by 28.8% in the first quarter. Glen Eagle Advisors LLC now owns 201 shares of the company’s stock valued at $48,000 after purchasing an additional 45 shares during the period. Finally, Blue Trust Inc. increased its holdings in Invesco NASDAQ 100 ETF by 7.3% in the first quarter. Blue Trust Inc. now owns 680 shares of the company’s stock valued at $162,000 after purchasing an additional 46 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 2.0%

NASDAQ:QQQM traded down $6.03 during trading hours on Wednesday, hitting $300.13. 3,694,353 shares of the company were exchanged, compared to its average volume of 3,988,312. The stock has a market capitalization of $109.19 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a one year low of $228.75 and a one year high of $314.11. The company has a fifty day simple moving average of $299.12 and a 200 day simple moving average of $288.62.

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.