Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Capstone Triton Financial Group LLC

Capstone Triton Financial Group LLC raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 15,236 shares of the company’s stock after buying an additional 861 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 2.1% of Capstone Triton Financial Group LLC’s investment portfolio, making the stock its 12th biggest holding. Capstone Triton Financial Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,003,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in QQQM. Thrivent Financial for Lutherans increased its position in shares of Invesco NASDAQ 100 ETF by 7.1% during the second quarter. Thrivent Financial for Lutherans now owns 218,371 shares of the company’s stock worth $43,043,000 after purchasing an additional 14,462 shares in the last quarter. AE Wealth Management LLC grew its stake in Invesco NASDAQ 100 ETF by 3.3% during the 2nd quarter. AE Wealth Management LLC now owns 11,519 shares of the company’s stock worth $2,270,000 after buying an additional 364 shares during the last quarter. Hollencrest Capital Management increased its position in Invesco NASDAQ 100 ETF by 0.5% during the second quarter. Hollencrest Capital Management now owns 416,207 shares of the company’s stock worth $82,039,000 after buying an additional 1,866 shares during the period. Benjamin F. Edwards & Company Inc. lifted its stake in Invesco NASDAQ 100 ETF by 20.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,413 shares of the company’s stock valued at $279,000 after buying an additional 242 shares during the last quarter. Finally, Ieq Capital LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 16.4% in the second quarter. Ieq Capital LLC now owns 188,218 shares of the company’s stock valued at $37,100,000 after acquiring an additional 26,584 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 0.2 %

Shares of QQQM opened at $198.59 on Friday. The company’s 50 day simple moving average is $192.64 and its 200-day simple moving average is $188.62. Invesco NASDAQ 100 ETF has a 12-month low of $140.84 and a 12-month high of $207.24. The firm has a market cap of $30.88 billion, a PE ratio of 34.39 and a beta of 1.18.

About Invesco NASDAQ 100 ETF

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.