PCG Wealth Advisors LLC reduced its equity position in the Invesco Nasdaq 100 ETF (NASDAQ:QQQM – rated) by 82.1% during the fourth quarter, according to the company’s latest Form 13F filing with the Securities and Exchange Commission. He said he did. The institutional investor owned 4,058 shares in the company after selling 18,670 shares during the quarter. PCG Wealth Advisors LLC’s Invesco Nasdaq 100 ETF holdings were worth $445,000 at the end of the most recent reporting period.
A number of other hedge funds and institutional investors have also recently changed positions within the company. Townsquare Capital LLC acquired new positions worth approximately $2,015,000 in the Invesco Nasdaq 100 ETF in the fourth quarter. CFS Investment Advisory Services LLC purchased new shares of the Invesco Nasdaq 100 ETF stock worth approximately $803,000 during the fourth quarter. ASB Consultores LLC increased its stake in the Invesco Nasdaq 100 ETF by 100.0% in the fourth quarter. ASB Consultores LLC said he purchased an additional 5,456 shares last quarter and now owns 10,912 shares of the company worth $1,195,000. First Republic Investment Management Inc. increased its Invesco Nasdaq 100 ETF holdings by 73.0% during the fourth quarter. First Republic Investment Management Inc. acquired an additional 13,440 shares last quarter and now owns 31,857 shares of the company stock valued at $3,489,000. Finally, Wells Fargo & Co. Minnesota increased its Invesco Nasdaq 100 ETF equity position by 578.0% in the fourth quarter. Wells Fargo & Co. Minnesota acquired an additional 237 shares during the period and now owns 278 shares of the company, valued at $30,000.
Invesco Nasdaq 100 ETF trading up 0.1%
Nasdaq QQQM stock rose $0.09 in Friday noon trading to $145.27. This stock had a trading volume of 364,965 shares for him and an average volume of 1,097,556 shares for him. His 50-day moving average for this company is $134.91 and his 200-day moving average is $124.54. The Invesco Nasdaq 100 ETF hit a 52-week low of $104.62 and a 52-week high of $147.09.
Recommended stories
This instant news alert was generated by MarketBeat’s narrative science technology and financial data to provide our readers with the fastest and most accurate reporting. This article was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments regarding this story to contact@marketbeat.com.
Listen to this before you consider the Invesco Nasdaq 100 ETF.
MarketBeat tracks Wall Street’s highest-rated, highest-performing research analysts and the stocks they recommend to clients every day. Marketbeat has identified five stocks that top analysts are secretly whispering to clients to buy now before the market as a whole picks up…and the Invesco Nasdaq 100 ETF wasn’t on the list.
The Invesco Nasdaq 100 ETF is currently rated “Hold” among analysts, but leading analysts think these five stocks are better buys.
Click here for 5 brands
