Security Financial Services INC. Buys New Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Security Financial Services INC. purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,798 shares of the company’s stock, valued at approximately $328,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of QQQM. PNC Financial Services Group Inc. grew its holdings in Invesco NASDAQ 100 ETF by 10.4% in the third quarter. PNC Financial Services Group Inc. now owns 2,507 shares of the company’s stock worth $370,000 after purchasing an additional 237 shares during the period. Citizens Financial Group Inc. RI raised its stake in shares of Invesco NASDAQ 100 ETF by 30.1% in the third quarter. Citizens Financial Group Inc. RI now owns 1,669 shares of the company’s stock worth $246,000 after buying an additional 386 shares during the period. Stifel Financial Corp raised its stake in shares of Invesco NASDAQ 100 ETF by 39.9% in the third quarter. Stifel Financial Corp now owns 65,617 shares of the company’s stock worth $9,673,000 after buying an additional 18,726 shares during the period. Mutual Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth about $323,000. Finally, Woodard & Co. Asset Management Group Inc. ADV raised its stake in Invesco NASDAQ 100 ETF by 8.1% during the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 2,495 shares of the company’s stock valued at $368,000 after purchasing an additional 188 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 0.4 %

Shares of QQQM opened at $196.75 on Monday. The company has a market capitalization of $25.51 billion, a PE ratio of 34.39 and a beta of 1.18. The business’s 50 day moving average is $184.97 and its 200 day moving average is $178.56. Invesco NASDAQ 100 ETF has a 12-month low of $140.84 and a 12-month high of $200.32.

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.