Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Triton Wealth Management PLLC

Triton Wealth Management PLLC lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 27.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,401 shares of the company’s stock after purchasing an additional 5,529 shares during the period. Invesco NASDAQ 100 ETF comprises 2.2% of Triton Wealth Management PLLC’s portfolio, making the stock its 12th largest position. Triton Wealth Management PLLC’s holdings in Invesco NASDAQ 100 ETF were worth $7,178,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in QQQM. Csenge Advisory Group lifted its position in shares of Invesco NASDAQ 100 ETF by 17.9% during the third quarter. Csenge Advisory Group now owns 9,223 shares of the company’s stock worth $2,810,000 after purchasing an additional 1,401 shares during the last quarter. D Orazio & Associates Inc. increased its holdings in Invesco NASDAQ 100 ETF by 0.6% in the third quarter. D Orazio & Associates Inc. now owns 141,880 shares of the company’s stock valued at $43,222,000 after buying an additional 788 shares during the last quarter. Blue Water Asset Management increased its holdings in Invesco NASDAQ 100 ETF by 0.9% in the third quarter. Blue Water Asset Management now owns 4,550 shares of the company’s stock valued at $1,386,000 after buying an additional 41 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Invesco NASDAQ 100 ETF by 17.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,608 shares of the company’s stock valued at $497,000 after buying an additional 236 shares during the last quarter. Finally, Bryn Mawr Trust Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $212,000.

Invesco NASDAQ 100 ETF Trading Down 0.6%

Shares of QQQM opened at $277.87 on Wednesday. The firm has a market cap of $105.95 billion, a price-to-earnings ratio of 25.86 and a beta of 1.24. The stock has a 50 day moving average of $296.22 and a 200-day moving average of $280.36. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week 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.