Winthrop Advisory Group LLC Acquires 12,049 Shares of Invesco NASDAQ 100 ETF $QQQM

Winthrop Advisory Group LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 17.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 81,082 shares of the company’s stock after acquiring an additional 12,049 shares during the period. Invesco NASDAQ 100 ETF comprises 1.5% of Winthrop Advisory Group LLC’s portfolio, making the stock its 16th largest holding. Winthrop Advisory Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $24,701,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Capital Investment Advisors LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 57.4% in the third quarter. Capital Investment Advisors LLC now owns 6,170 shares of the company’s stock valued at $1,879,000 after purchasing an additional 2,250 shares in the last quarter. Wedbush Securities Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 11.9% during the 3rd quarter. Wedbush Securities Inc. now owns 13,503 shares of the company’s stock worth $4,113,000 after purchasing an additional 1,439 shares in the last quarter. Rede Wealth LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 4.3% during the 3rd quarter. Rede Wealth LLC now owns 12,174 shares of the company’s stock worth $3,709,000 after purchasing an additional 499 shares in the last quarter. WASHINGTON TRUST Co increased its stake in shares of Invesco NASDAQ 100 ETF by 19.5% during the 3rd quarter. WASHINGTON TRUST Co now owns 2,607 shares of the company’s stock worth $794,000 after purchasing an additional 425 shares in the last quarter. Finally, MLP3 LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $727,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock traded down $0.07 on Friday, reaching $290.06. The company had a trading volume of 2,508,485 shares, compared to its average volume of 3,965,177. Invesco NASDAQ 100 ETF has a 1 year low of $228.75 and a 1 year high of $314.11. The company’s fifty day moving average is $298.76 and its 200 day moving average is $291.53. The company has a market cap of $106.54 billion, a P/E ratio of 31.95 and a beta of 1.22.

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.