B. Riley Wealth Advisors Inc. Reduces Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

B. Riley Wealth Advisors Inc. lowered its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 49.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,426 shares of the company’s stock after selling 21,129 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $3,611,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Clearstead Advisors LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $30,000. Creekmur Asset Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $32,000. Larson Financial Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 120.5% in the fourth quarter. Larson Financial Group LLC now owns 194 shares of the company’s stock worth $33,000 after buying an additional 106 shares during the last quarter. CVA Family Office LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $34,000. Finally, Richardson Financial Services Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $40,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM traded up $2.42 during midday trading on Monday, reaching $199.61. The company had a trading volume of 1,337,635 shares, compared to its average volume of 1,757,706. The stock’s fifty day moving average price is $183.23 and its 200-day moving average price is $177.16. The stock has a market capitalization of $25.89 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $140.84 and a one year high of $200.32.

About Invesco NASDAQ 100 ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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