Trademark Financial Management LLC Acquires 2,222 Shares of Invesco NASDAQ 100 ETF $QQQM

Trademark Financial Management LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 45,098 shares of the company’s stock after buying an additional 2,222 shares during the period. Invesco NASDAQ 100 ETF makes up 5.6% of Trademark Financial Management LLC’s investment portfolio, making the stock its 4th biggest position. Trademark Financial Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $13,739,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Florida Financial Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF by 71.0% during the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after purchasing an additional 7,252 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in Invesco NASDAQ 100 ETF during the second quarter valued at $4,938,000. HighTower Advisors LLC raised its stake in Invesco NASDAQ 100 ETF by 33.9% in the 2nd quarter. HighTower Advisors LLC now owns 643,133 shares of the company’s stock valued at $194,850,000 after acquiring an additional 162,761 shares during the period. QRG Capital Management Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 207.5% in the second quarter. QRG Capital Management Inc. now owns 4,668 shares of the company’s stock valued at $1,414,000 after purchasing an additional 3,150 shares during the period. Finally, JDM Financial Group LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 37.2% during the first quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock worth $1,879,000 after acquiring an additional 2,143 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $290.06 on Monday. The stock has a 50-day simple moving average of $298.76 and a two-hundred day simple moving average of $291.87. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $314.11. The firm has a market capitalization of $106.54 billion, a PE 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.