Invesco NASDAQ 100 ETF $QQQM Stake Boosted by Weitzel Financial Services Inc.

Weitzel Financial Services Inc. boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 46.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,065 shares of the company’s stock after purchasing an additional 2,858 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 0.9% of Weitzel Financial Services Inc.’s investment portfolio, making the stock its 18th largest holding. Weitzel Financial Services Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $2,655,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Garner Asset Management Corp bought a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth about $25,000. Imprint Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $31,000. Investors Research Corp bought a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $38,000. Versant Capital Management Inc bought a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $41,000. Finally, Owl Creek Wealth Partners LLC grew its position in shares of Invesco NASDAQ 100 ETF by 545.5% during the 2nd quarter. Owl Creek Wealth Partners LLC now owns 142 shares of the company’s stock valued at $43,000 after buying an additional 120 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.2%

QQQM opened at $292.02 on Thursday. The firm has a market cap of $100.24 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a fifty-two week low of $228.75 and a fifty-two week high of $308.21. The company’s 50-day moving average price is $292.72 and its 200 day moving average price is $277.56.

About Invesco NASDAQ 100 ETF

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.