Invesco NASDAQ 100 ETF $QQQM Shares Sold by Principia Wealth Advisory LLC

Principia Wealth Advisory LLC reduced its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 970,826 shares of the company’s stock after selling 4,758 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 62.4% of Principia Wealth Advisory LLC’s holdings, making the stock its biggest position. Principia Wealth Advisory LLC’s holdings in Invesco NASDAQ 100 ETF were worth $294,131,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Bison Wealth LLC bought a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth $393,000. Capstone Wealth Management Group LLC boosted its holdings in Invesco NASDAQ 100 ETF by 9.6% during the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after acquiring an additional 3,220 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 1.6% in the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after purchasing an additional 819 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter valued at about $742,000. Finally, Valeo Financial Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth about $534,000.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $296.07 on Monday. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week high of $308.21. The firm has a market capitalization of $101.63 billion, a PE ratio of 31.95 and a beta of 1.23. The business’s 50-day simple moving average is $292.84 and its 200-day simple moving average is $278.23.

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.