Jackson Wealth Management LLC Sells 72,274 Shares of Invesco NASDAQ 100 ETF $QQQM

Jackson Wealth Management LLC decreased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 95.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,556 shares of the company’s stock after selling 72,274 shares during the quarter. Invesco NASDAQ 100 ETF makes up 0.6% of Jackson Wealth Management LLC’s holdings, making the stock its 28th biggest position. Jackson Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,077,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ridgeline Wealth Planning LLC raised its position in shares of Invesco NASDAQ 100 ETF by 4.4% in the first quarter. Ridgeline Wealth Planning LLC now owns 886 shares of the company’s stock valued at $211,000 after purchasing an additional 37 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Invesco NASDAQ 100 ETF by 3.6% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,213 shares of the company’s stock valued at $368,000 after acquiring an additional 42 shares during the period. Jacobi Capital Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 3.4% in the 4th quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock valued at $336,000 after acquiring an additional 44 shares during the period. Glen Eagle Advisors LLC raised its holdings in Invesco NASDAQ 100 ETF by 28.8% in the 1st quarter. Glen Eagle Advisors LLC now owns 201 shares of the company’s stock valued at $48,000 after acquiring an additional 45 shares during the period. Finally, Blue Trust Inc. lifted its position in Invesco NASDAQ 100 ETF by 7.3% during the first quarter. Blue Trust Inc. now owns 680 shares of the company’s stock worth $162,000 after acquiring an additional 46 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.1%

Shares of NASDAQ:QQQM opened at $295.18 on Tuesday. 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 moving average of $292.77 and a 200-day moving average of $276.97. The stock has a market cap of $101.32 billion, a PE ratio of 31.95 and a beta of 1.23.

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.