Foguth Wealth Management LLC. Purchases New Shares in Invesco NASDAQ 100 ETF $QQQM

Foguth Wealth Management LLC. acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 145,552 shares of the company’s stock, valued at approximately $36,743,000. Invesco NASDAQ 100 ETF comprises approximately 5.7% of Foguth Wealth Management LLC.’s investment portfolio, making the stock its biggest holding.

Several other large investors also recently made changes to their positions in the business. Cypress Wealth Services LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 3.4% in the third quarter. Cypress Wealth Services LLC now owns 1,244 shares of the company’s stock valued at $307,000 after buying an additional 41 shares in the last quarter. Base Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF by 3.9% during the 3rd quarter. Base Wealth Management LLC now owns 1,157 shares of the company’s stock worth $286,000 after buying an additional 43 shares in the last quarter. Twin Peaks Wealth Advisors LLC grew its holdings in Invesco NASDAQ 100 ETF by 0.7% during the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 5,789 shares of the company’s stock worth $1,429,000 after acquiring an additional 43 shares during the last quarter. Modera Wealth Management LLC grew its holdings in Invesco NASDAQ 100 ETF by 1.2% during the 3rd quarter. Modera Wealth Management LLC now owns 3,920 shares of the company’s stock worth $969,000 after acquiring an additional 46 shares during the last quarter. Finally, Sand Hill Global Advisors LLC increased its position in Invesco NASDAQ 100 ETF by 4.3% in the 2nd quarter. Sand Hill Global Advisors LLC now owns 1,157 shares of the company’s stock valued at $263,000 after acquiring an additional 48 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.3%

Shares of NASDAQ QQQM opened at $244.20 on Friday. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23. The company has a 50-day moving average of $251.72 and a two-hundred day moving average of $250.77. The company has a market cap of $70.05 billion, a PE ratio of 31.95 and a beta of 1.16.

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.