Invesco NASDAQ 100 ETF $QQQM Shares Sold by Echo45 Advisors LLC

Echo45 Advisors LLC trimmed its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,426 shares of the company’s stock after selling 2,520 shares during the period. Invesco NASDAQ 100 ETF accounts for about 4.3% of Echo45 Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Echo45 Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,309,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Imprint Wealth LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Investors Research Corp bought a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth $38,000. Versant Capital Management Inc bought a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth $41,000. Owl Creek Wealth Partners LLC boosted its position 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 worth $43,000 after purchasing an additional 120 shares during the last quarter. Finally, JFS Wealth Advisors LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 289.5% during the second quarter. JFS Wealth Advisors LLC now owns 148 shares of the company’s stock worth $45,000 after purchasing an additional 110 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.2%

NASDAQ QQQM opened at $296.07 on Friday. The stock has a 50-day simple moving average of $292.84 and a 200 day simple moving average of $278.02. The company has a market capitalization of $101.63 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.