Stonehearth Capital Management LLC cut its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 73.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,457 shares of the company’s stock after selling 18,086 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 0.7% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 22nd largest holding. Stonehearth Capital Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,967,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of QQQM. 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 purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $41,000. Downshift Financial LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 938.5% in the third quarter. Downshift Financial LLC now owns 135 shares of the company’s stock worth $41,000 after buying an additional 122 shares during the last quarter. Owl Creek Wealth Partners LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 545.5% in the second quarter. Owl Creek Wealth Partners LLC now owns 142 shares of the company’s stock worth $43,000 after buying an additional 120 shares during the last quarter. Finally, JFS Wealth Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 289.5% in the second quarter. JFS Wealth Advisors LLC now owns 148 shares of the company’s stock worth $45,000 after buying an additional 110 shares during the last quarter.
Invesco NASDAQ 100 ETF Trading Down 0.3%
Shares of NASDAQ QQQM opened at $306.16 on Wednesday. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $314.11. The firm has a market capitalization of $111.24 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. The firm has a 50 day moving average of $299.12 and a 200 day moving average of $288.62.
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.
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