Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Kachkovsky & Fisher Inc.

Kachkovsky & Fisher Inc. increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.0% in the third quarter, HoldingsChannel reports. The firm owned 48,334 shares of the company’s stock after purchasing an additional 1,873 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 13.4% of Kachkovsky & Fisher Inc.’s portfolio, making the stock its biggest holding. Kachkovsky & Fisher Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $14,725,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of QQQM. Mid American Wealth Advisory Group Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 21.8% in the third quarter. Mid American Wealth Advisory Group Inc. now owns 14,121 shares of the company’s stock worth $4,302,000 after buying an additional 2,527 shares during the last quarter. Rolek Wealth Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 4.1% during the 3rd quarter. Rolek Wealth Management LLC now owns 251,122 shares of the company’s stock worth $76,502,000 after acquiring an additional 9,861 shares in the last quarter. Magnus Financial Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $246,000. USAdvisors Wealth Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 1.3% during the 3rd quarter. USAdvisors Wealth Management LLC now owns 23,380 shares of the company’s stock valued at $7,122,000 after acquiring an additional 305 shares during the last quarter. Finally, Sunrise Financial Services LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 7.6% during the 3rd quarter. Sunrise Financial Services LLC now owns 54,927 shares of the company’s stock valued at $16,733,000 after acquiring an additional 3,877 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $298.64 on Thursday. The stock’s 50 day simple moving average is $299.21 and its 200 day simple moving average is $291.19. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11. The company has a market capitalization of $109.03 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

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.