Partners Wealth Management LLC Purchases 1,790 Shares of Invesco NASDAQ 100 ETF $QQQM

Partners Wealth Management LLC purchased a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the third quarter, HoldingsChannel.com reports. The fund purchased 1,790 shares of the company’s stock, valued at approximately $545,000.

Other large investors have also added to or reduced their stakes in the company. Florida Financial Advisors LLC lifted its holdings in Invesco NASDAQ 100 ETF by 71.0% in the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after buying an additional 7,252 shares during the period. The Manufacturers Life Insurance Company bought a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $4,938,000. HighTower Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 33.9% during the second quarter. HighTower Advisors LLC now owns 643,133 shares of the company’s stock valued at $194,850,000 after buying an additional 162,761 shares during the period. QRG Capital Management Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 207.5% during the second quarter. QRG Capital Management Inc. now owns 4,668 shares of the company’s stock valued at $1,414,000 after buying an additional 3,150 shares during the period. Finally, JDM Financial Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 37.2% during 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.

Invesco NASDAQ 100 ETF Stock Down 3.5%

Shares of Invesco NASDAQ 100 ETF stock opened at $284.34 on Friday. The company has a market cap of $105.48 billion, a PE ratio of 31.95 and a beta of 1.22. The business has a 50 day moving average of $298.53 and a 200 day moving average of $279.57. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week high of $314.11.

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.