Invesco NASDAQ 100 ETF $QQQM Shares Sold by Guardian Asset Advisors LLC

Guardian Asset Advisors LLC lessened its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,894 shares of the company’s stock after selling 2,653 shares during the period. Invesco NASDAQ 100 ETF comprises about 4.6% of Guardian Asset Advisors LLC’s holdings, making the stock its 4th largest holding. Guardian Asset Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $10,331,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of QQQM. Investors Research Corp bought a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $38,000. Versant Capital Management Inc purchased a new position in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $41,000. Downshift Financial LLC raised its holdings in Invesco NASDAQ 100 ETF by 938.5% in the 3rd quarter. Downshift Financial LLC now owns 135 shares of the company’s stock worth $41,000 after purchasing an additional 122 shares in the last quarter. Owl Creek Wealth Partners LLC raised its stake in 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 in the last quarter. Finally, JFS Wealth Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 289.5% in the 2nd quarter. JFS Wealth Advisors LLC now owns 148 shares of the company’s stock valued at $45,000 after purchasing an additional 110 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 2.5%

Shares of Invesco NASDAQ 100 ETF stock opened at $292.26 on Friday. The firm has a market capitalization of $106.33 billion, a P/E ratio of 31.95 and a beta of 1.22. The business has a fifty day simple moving average of $299.22 and a two-hundred day simple moving average of $289.56. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $314.11.

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.