Jackson Wealth Management LLC Sells 72,274 Shares of Invesco NASDAQ 100 ETF $QQQM

Jackson Wealth Management LLC cut its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 95.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,556 shares of the company’s stock after selling 72,274 shares during the period. Invesco NASDAQ 100 ETF accounts for about 0.6% of Jackson Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. Jackson Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,077,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Garner Asset Management Corp bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $25,000. Imprint Wealth LLC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth $31,000. Investors Research Corp bought a new stake in Invesco NASDAQ 100 ETF during the second quarter worth $38,000. SJS Investment Consulting Inc. bought a new stake in Invesco NASDAQ 100 ETF during the first quarter worth $40,000. Finally, Osbon Capital Management LLC acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $41,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $295.18 on Tuesday. The company has a market cap of $101.32 billion, a PE ratio of 31.95 and a beta of 1.23. The firm has a 50-day moving average of $292.77 and a 200-day moving average of $276.97. Invesco NASDAQ 100 ETF has a one year low of $228.75 and a one year high of $308.21.

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.