Samalin Investment Counsel LLC Purchases 191 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Samalin Investment Counsel LLC boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.2% during the fourth quarter, HoldingsChannel reports. The firm owned 1,450 shares of the company’s stock after buying an additional 191 shares during the period. Samalin Investment Counsel LLC’s holdings in Invesco NASDAQ 100 ETF were worth $305,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Calton & Associates Inc. lifted its stake in Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after purchasing an additional 46 shares during the last quarter. Montag A & Associates Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 15.5% during the fourth quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock valued at $78,000 after buying an additional 50 shares during the period. Fulcrum Equity Management lifted its position in Invesco NASDAQ 100 ETF by 3.3% during the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after buying an additional 56 shares during the period. Robertson Stephens Wealth Management LLC boosted its stake in Invesco NASDAQ 100 ETF by 1.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock worth $654,000 after acquiring an additional 56 shares in the last quarter. Finally, Proactive Wealth Strategies LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 1.4% during the fourth quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock valued at $886,000 after acquiring an additional 59 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.4 %

Shares of NASDAQ QQQM opened at $198.01 on Monday. The firm has a market cap of $39.32 billion, a P/E ratio of 30.79 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64. The company has a 50 day moving average of $210.52 and a 200 day moving average of $207.66.

Invesco NASDAQ 100 ETF Company 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.