RFG Advisory LLC Sells 54,601 Shares of Invesco NASDAQ 100 ETF $QQQM

RFG Advisory LLC trimmed its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 50.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,713 shares of the company’s stock after selling 54,601 shares during the period. RFG Advisory LLC’s holdings in Invesco NASDAQ 100 ETF were worth $16,273,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Bison Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth $393,000. Capstone Wealth Management Group LLC lifted its position in Invesco NASDAQ 100 ETF by 9.6% during the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after purchasing an additional 3,220 shares during the period. Goldman Sachs Group Inc. grew its stake in Invesco NASDAQ 100 ETF by 1.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after buying an additional 819 shares in the last quarter. Empowered Funds LLC bought a new position in Invesco NASDAQ 100 ETF in the 1st quarter valued at about $742,000. Finally, Valeo Financial Advisors LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at approximately $534,000.

Invesco NASDAQ 100 ETF Trading Down 0.1%

Shares of Invesco NASDAQ 100 ETF stock opened at $295.76 on Wednesday. The company has a market cap of $101.52 billion, a PE ratio of 31.95 and a beta of 1.23. The company has a 50 day moving average of $292.65 and a 200-day moving average of $278.90. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year high of $308.21.

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.