30,945 Invesco NASDAQ 100 ETF $QQQM Shares Sold by VestGen Advisors LLC

VestGen Advisors LLC lowered its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 35.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,336 shares of the company’s stock after selling 30,945 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 0.5% of VestGen Advisors LLC’s portfolio, making the stock its 27th largest position. VestGen Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $17,467,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in Invesco NASDAQ 100 ETF by 2.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock valued at $2,289,586,000 after purchasing an additional 170,070 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock valued at $1,172,000,000 after purchasing an additional 173,431 shares in the last quarter. Meitav Investment House Ltd. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 25.3% during the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock valued at $612,143,000 after purchasing an additional 520,102 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Invesco NASDAQ 100 ETF by 5.7% during the first quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock valued at $526,813,000 after buying an additional 120,112 shares during the last quarter. Finally, Vantagepoint Investment Advisers LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 2.2% during the third quarter. Vantagepoint Investment Advisers LLC now owns 1,958,347 shares of the company’s stock valued at $596,591,000 after buying an additional 41,883 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $298.71 on Thursday. Invesco NASDAQ 100 ETF has a one year low of $228.75 and a one year high of $314.11. The stock has a 50-day moving average of $298.70 and a 200 day moving average of $279.25. The company has a market capitalization of $109.96 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.