Fusion Family Wealth LLC trimmed its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 1.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 154,701 shares of the company’s stock after selling 2,844 shares during the period. Invesco NASDAQ 100 ETF makes up 3.1% of Fusion Family Wealth LLC’s investment portfolio, making the stock its 12th largest holding. Fusion Family Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $47,128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Telos Capital Management Inc. acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at $286,000. Commonwealth Equity Services LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 0.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,431,919 shares of the company’s stock worth $436,220,000 after acquiring an additional 9,534 shares during the period. Wealth Dimensions Group Ltd. lifted its stake in shares of Invesco NASDAQ 100 ETF by 7.3% in the 3rd quarter. Wealth Dimensions Group Ltd. now owns 1,129 shares of the company’s stock worth $344,000 after acquiring an additional 77 shares during the period. Strategent Financial LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 8.4% in the 3rd quarter. Strategent Financial LLC now owns 48,988 shares of the company’s stock worth $14,924,000 after acquiring an additional 3,782 shares during the period. Finally, Clear Point Advisors Inc. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 64.7% in the third quarter. Clear Point Advisors Inc. now owns 1,504 shares of the company’s stock valued at $458,000 after acquiring an additional 591 shares in the last quarter.
Invesco NASDAQ 100 ETF Stock Down 6.4%
NASDAQ QQQM opened at $266.75 on Friday. The stock has a market capitalization of $99.48 billion, a P/E ratio of 31.95 and a beta of 1.24. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $314.11. The firm has a 50-day moving average price of $297.41 and a 200 day moving average price of $280.02.
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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