RFG Advisory LLC Has $16.27 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

RFG Advisory LLC lessened its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 50.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,713 shares of the company’s stock after selling 54,601 shares during the period. RFG Advisory LLC’s holdings in Invesco NASDAQ 100 ETF were worth $16,273,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Imprint Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000. Investors Research Corp bought a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter valued at $38,000. SJS Investment Consulting Inc. acquired a new position in Invesco NASDAQ 100 ETF in the 1st quarter valued at $40,000. Osbon Capital Management LLC acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at $41,000. Finally, Versant Capital Management Inc bought a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth $41,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $295.76 on Wednesday. Invesco NASDAQ 100 ETF has a fifty-two week low of $228.75 and a fifty-two week high of $308.21. The company has a market capitalization of $101.52 billion, a P/E ratio of 31.95 and a beta of 1.23. The stock has a fifty day moving average of $292.65 and a 200-day moving average of $278.90.

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.