4,588 Invesco NASDAQ 100 ETF $QQQM Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC decreased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 146,131 shares of the company’s stock after selling 4,588 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 3.9% of Lodestar Private Asset Management LLC’s investment portfolio, making the stock its 4th largest holding. Lodestar Private Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $44,517,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Investors Research Corp acquired a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth about $38,000. Versant Capital Management Inc purchased a new stake in Invesco NASDAQ 100 ETF during the second quarter valued at about $41,000. Downshift Financial LLC lifted 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 buying an additional 122 shares in the last quarter. Owl Creek Wealth Partners LLC lifted 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 buying an additional 120 shares in the last quarter. Finally, JFS Wealth Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 289.5% in the second quarter. JFS Wealth Advisors LLC now owns 148 shares of the company’s stock worth $45,000 after buying an additional 110 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $296.96 on Wednesday. The firm’s 50 day simple moving average is $298.64 and its 200-day simple moving average is $279.04. The company 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 fifty-two week low of $228.75 and a fifty-two week 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.