Invesco NASDAQ 100 ETF $QQQM Stock Bought by Lynch Investment Planning LLC

Lynch Investment Planning LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,658 shares of the company’s stock after buying an additional 2,091 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 5.7% of Lynch Investment Planning LLC’s holdings, making the stock its 6th largest position. Lynch Investment Planning LLC’s holdings in Invesco NASDAQ 100 ETF were worth $7,816,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Investors Research Corp purchased a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth $38,000. Versant Capital Management Inc purchased a new position in Invesco NASDAQ 100 ETF during the second quarter valued at $41,000. Downshift Financial LLC grew its stake in Invesco NASDAQ 100 ETF by 938.5% during the third 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 grew its stake in Invesco NASDAQ 100 ETF by 545.5% during the second 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 increased its holdings in Invesco NASDAQ 100 ETF by 289.5% in 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 last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.3%

Shares of QQQM stock opened at $296.96 on Wednesday. The stock has a market cap of $109.31 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week high of $314.11. The company’s fifty day simple moving average is $298.64 and its two-hundred day simple moving average is $279.04.

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.