Invesco NASDAQ 100 ETF $QQQM Shares Sold by Tactive Advisors LLC

Tactive Advisors LLC lessened its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 63.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,630 shares of the company’s stock after selling 18,829 shares during the quarter. Tactive Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,238,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in QQQM. Ayalon Insurance Comp Ltd. increased its holdings in shares of Invesco NASDAQ 100 ETF by 14.5% during the 3rd quarter. Ayalon Insurance Comp Ltd. now owns 102,632 shares of the company’s stock valued at $31,266,000 after purchasing an additional 12,982 shares in the last quarter. JP Wealth Management Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 0.6% during the 3rd quarter. JP Wealth Management Inc. now owns 116,619 shares of the company’s stock valued at $35,527,000 after buying an additional 750 shares in the last quarter. Cooper Financial Group grew its stake in Invesco NASDAQ 100 ETF by 1.1% in the 3rd quarter. Cooper Financial Group now owns 27,994 shares of the company’s stock valued at $8,528,000 after acquiring an additional 299 shares during the period. Elm3 Financial Group LLC grew its stake in Invesco NASDAQ 100 ETF by 1.2% in the 3rd quarter. Elm3 Financial Group LLC now owns 15,060 shares of the company’s stock valued at $4,588,000 after acquiring an additional 178 shares during the period. Finally, Family Legacy Financial Solutions LLC increased its holdings in Invesco NASDAQ 100 ETF by 2.0% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 15,775 shares of the company’s stock worth $4,806,000 after acquiring an additional 305 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 1.9%

NASDAQ:QQQM traded down $5.78 during trading hours on Thursday, reaching $306.17. 1,442,693 shares of the company were exchanged, compared to its average volume of 4,010,359. The stock’s 50-day moving average is $297.53 and its 200-day moving average is $286.74. The firm has a market cap of $110.40 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11.

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.