Bouchey Financial Group Ltd. Has $178.15 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Bouchey Financial Group Ltd. reduced its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 588,006 shares of the company’s stock after selling 25,448 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 11.5% of Bouchey Financial Group Ltd.’s investment portfolio, making the stock its largest position. Bouchey Financial Group Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $178,148,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in QQQM. The Manufacturers Life Insurance Company acquired a new position in shares of Invesco NASDAQ 100 ETF during the second quarter worth $4,938,000. Tidal Investments LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at $907,000. MCF Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 296,986.1% during the 2nd quarter. MCF Advisors LLC now owns 106,951 shares of the company’s stock valued at $32,403,000 after acquiring an additional 106,915 shares in the last quarter. Lotus Asset Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at $14,721,000. Finally, Cidel Asset Management Inc. grew its position in Invesco NASDAQ 100 ETF by 3.5% during the 2nd quarter. Cidel Asset Management Inc. now owns 2,628 shares of the company’s stock worth $796,000 after acquiring an additional 88 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.3%

Shares of QQQM opened at $294.97 on Thursday. The stock has a market cap of $101.25 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $308.21. The business has a 50-day simple moving average of $292.58 and a two-hundred day simple moving average of $279.23.

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.