Invesco NASDAQ 100 ETF $QQQM Shares Sold by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC trimmed its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 82.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,311 shares of the company’s stock after selling 98,307 shares during the period. Signal Advisors Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,266,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Secure Asset Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 36.8% in the third quarter. Secure Asset Management LLC now owns 61,724 shares of the company’s stock valued at $15,328,000 after acquiring an additional 16,608 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in Invesco NASDAQ 100 ETF by 0.5% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 43,133 shares of the company’s stock worth $10,659,000 after acquiring an additional 198 shares in the last quarter. Redhawk Wealth Advisors Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 2.4% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 12,023 shares of the company’s stock worth $2,971,000 after purchasing an additional 286 shares during the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 9.8% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 18,616 shares of the company’s stock valued at $4,600,000 after purchasing an additional 1,661 shares in the last quarter. Finally, First Financial Corp IN raised its stake in shares of Invesco NASDAQ 100 ETF by 1.1% in the 3rd quarter. First Financial Corp IN now owns 7,613 shares of the company’s stock valued at $1,881,000 after purchasing an additional 82 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $254.10 on Friday. The company has a market capitalization of $66.55 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $262.23. The stock has a 50-day simple moving average of $252.84 and a 200 day simple moving average of $240.12.

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.