Invesco NASDAQ 100 ETF $QQQM Stock: Sigma Planning Corp Lowers Stake

Sigma Planning Corp reduced its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 36,056 shares of the company’s stock after selling 2,981 shares during the quarter. Sigma Planning Corp’s holdings in Invesco NASDAQ 100 ETF were worth $10,970,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Investors Research Corp bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $38,000. Versant Capital Management Inc bought a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at $41,000. Downshift Financial LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 938.5% in the 3rd quarter. Downshift Financial LLC now owns 135 shares of the company’s stock valued at $41,000 after acquiring an additional 122 shares in the last quarter. Owl Creek Wealth Partners LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 545.5% in the 2nd quarter. Owl Creek Wealth Partners LLC now owns 142 shares of the company’s stock valued at $43,000 after acquiring an additional 120 shares in the last quarter. Finally, JFS Wealth Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 289.5% during the 2nd quarter. JFS Wealth Advisors LLC now owns 148 shares of the company’s stock valued at $45,000 after acquiring an additional 110 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $290.06 on Monday. The company has a market capitalization of $106.54 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $314.11. The firm’s fifty day moving average is $298.76 and its 200 day moving average is $291.87.

Invesco NASDAQ 100 ETF Company 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.