Triumph Capital Management Has $1.88 Million Stock Position in Invesco NASDAQ 100 ETF $QQQM

Triumph Capital Management grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 66.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,208 shares of the company’s stock after purchasing an additional 2,477 shares during the quarter. Triumph Capital Management’s holdings in Invesco NASDAQ 100 ETF were worth $1,881,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of QQQM. Bison Wealth LLC bought a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $393,000. Capstone Wealth Management Group LLC raised its position in shares of Invesco NASDAQ 100 ETF by 9.6% during the 1st 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 last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF by 1.6% in the 1st 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 period. Empowered Funds LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at $742,000. Finally, Valeo Financial Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth $534,000.

Invesco NASDAQ 100 ETF Stock Up 0.1%

Shares of Invesco NASDAQ 100 ETF stock opened at $295.18 on Tuesday. The business has a fifty day simple moving average of $292.77 and a 200 day simple 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 has a 12 month low of $228.75 and a 12 month high of $308.21.

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.