Iams Wealth Management LLC Buys 5,899 Shares of Invesco NASDAQ 100 ETF $QQQM

Iams Wealth Management LLC increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 77.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,529 shares of the company’s stock after purchasing an additional 5,899 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 1.2% of Iams Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position. Iams Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,122,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of QQQM. NFSG Corp raised its stake in shares of Invesco NASDAQ 100 ETF by 32.6% in the third quarter. NFSG Corp now owns 1,921 shares of the company’s stock worth $585,000 after buying an additional 472 shares during the period. Blueline Advisors LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $52,000. Saxony Capital Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 103.8% during the 3rd quarter. Saxony Capital Management LLC now owns 3,179 shares of the company’s stock valued at $968,000 after buying an additional 1,619 shares in the last quarter. Retirement Planning Co of New England Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 9.5% during the 3rd quarter. Retirement Planning Co of New England Inc. now owns 4,789 shares of the company’s stock valued at $1,459,000 after acquiring an additional 416 shares during the period. Finally, Mystic Asset Management Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 15.8% during the 3rd quarter. Mystic Asset Management Inc. now owns 3,786 shares of the company’s stock valued at $1,153,000 after acquiring an additional 516 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 0.1%

Invesco NASDAQ 100 ETF stock opened at $299.79 on Friday. The firm has a 50 day moving average of $299.33 and a 200 day moving average of $289.55. The firm has a market capitalization of $109.07 billion, a price-to-earnings 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.

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.