Sequent Planning LLC Buys 280 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Sequent Planning LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.2% during the fourth quarter, Holdings Channel reports. The firm owned 4,787 shares of the company’s stock after purchasing an additional 280 shares during the quarter. Sequent Planning LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,007,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Apollon Wealth Management LLC raised its position in Invesco NASDAQ 100 ETF by 793.0% in the fourth quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock worth $16,021,000 after acquiring an additional 67,604 shares during the period. HighTower Advisors LLC raised its position in Invesco NASDAQ 100 ETF by 26.4% in the third quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock worth $9,107,000 after acquiring an additional 9,469 shares during the period. Benjamin Edwards Inc. raised its position in Invesco NASDAQ 100 ETF by 9,318.8% in the third quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock worth $303,000 after acquiring an additional 1,491 shares during the period. Bank of Montreal Can raised its position in Invesco NASDAQ 100 ETF by 2,926.5% in the third quarter. Bank of Montreal Can now owns 21,004 shares of the company’s stock worth $4,208,000 after acquiring an additional 20,310 shares during the period. Finally, SeaCrest Wealth Management LLC raised its position in Invesco NASDAQ 100 ETF by 9.1% in the fourth quarter. SeaCrest Wealth Management LLC now owns 1,154 shares of the company’s stock worth $243,000 after acquiring an additional 96 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.4 %

QQQM opened at $198.01 on Monday. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.64. The company has a market capitalization of $39.32 billion, a PE ratio of 30.79 and a beta of 1.18. The firm’s 50 day simple moving average is $210.52 and its two-hundred day simple moving average is $207.66.

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.