Thrivent Financial for Lutherans Buys 14,462 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Thrivent Financial for Lutherans increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 218,371 shares of the company’s stock after buying an additional 14,462 shares during the period. Thrivent Financial for Lutherans owned about 0.14% of Invesco NASDAQ 100 ETF worth $43,043,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. AE Wealth Management LLC boosted its position 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 period. Hollencrest Capital Management boosted its position in Invesco NASDAQ 100 ETF by 0.5% during the 2nd 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. boosted its position in Invesco NASDAQ 100 ETF by 20.7% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,413 shares of the company’s stock worth $279,000 after buying an additional 242 shares during the period. Ieq Capital LLC boosted its position in Invesco NASDAQ 100 ETF by 16.4% during the 2nd quarter. Ieq Capital LLC now owns 188,218 shares of the company’s stock worth $37,100,000 after buying an additional 26,584 shares during the period. Finally, Bright Financial Advisors Inc. boosted its position in Invesco NASDAQ 100 ETF by 306.8% during the 2nd quarter. Bright Financial Advisors Inc. now owns 5,830 shares of the company’s stock worth $1,149,000 after buying an additional 4,397 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $198.59 on Monday. The firm’s 50 day simple moving average is $192.64 and its 200 day simple moving average is $188.74. Invesco NASDAQ 100 ETF has a one year low of $140.84 and a one year high of $207.24. The company has a market cap of $30.88 billion, a PE ratio of 34.39 and a beta of 1.18.

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.