2,634 Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Encompass More Asset Management

Encompass More Asset Management raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.2% during the third quarter, Holdings Channel reports. The institutional investor owned 24,144 shares of the company’s stock after buying an additional 2,634 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 1.1% of Encompass More Asset Management’s investment portfolio, making the stock its 24th biggest holding. Encompass More Asset Management’s holdings in Invesco NASDAQ 100 ETF were worth $7,355,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Fiscal Wisdom Wealth Management LLC increased its position in Invesco NASDAQ 100 ETF by 4.7% in the third quarter. Fiscal Wisdom Wealth Management LLC now owns 7,093 shares of the company’s stock worth $2,161,000 after purchasing an additional 316 shares during the period. AlphaStar Capital Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 55.2% during the 3rd quarter. AlphaStar Capital Management LLC now owns 5,740 shares of the company’s stock worth $1,748,000 after purchasing an additional 2,042 shares during the last quarter. Copper Harbor Investment Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $254,000. Hutchens & Kramer Investment Management Group LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $1,856,000. Finally, Weitzel Financial Services Inc. lifted its position in Invesco NASDAQ 100 ETF by 6.8% during the 3rd quarter. Weitzel Financial Services Inc. now owns 9,681 shares of the company’s stock valued at $2,987,000 after purchasing an additional 616 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 2.5%

Invesco NASDAQ 100 ETF stock opened at $292.26 on Friday. The company has a market cap of $106.53 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 1 year low of $228.75 and a 1 year high of $314.11. The company’s 50-day moving average is $299.22 and its two-hundred day moving average is $289.56.

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.