Sagespring Wealth Partners LLC Sells 9,243 Shares of Invesco NASDAQ 100 ETF $QQQM

Sagespring Wealth Partners LLC trimmed its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 54.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,589 shares of the company’s stock after selling 9,243 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,919,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Cypress Wealth Services LLC increased its stake in Invesco NASDAQ 100 ETF by 3.4% during the 3rd quarter. Cypress Wealth Services LLC now owns 1,244 shares of the company’s stock valued at $307,000 after purchasing an additional 41 shares in the last quarter. Base Wealth Management LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 3.9% in the third quarter. Base Wealth Management LLC now owns 1,157 shares of the company’s stock valued at $286,000 after buying an additional 43 shares in the last quarter. Twin Peaks Wealth Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 0.7% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 5,789 shares of the company’s stock valued at $1,429,000 after buying an additional 43 shares during the last quarter. Modera Wealth Management LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 1.2% during the third quarter. Modera Wealth Management LLC now owns 3,920 shares of the company’s stock valued at $969,000 after buying an additional 46 shares during the last quarter. Finally, Sand Hill Global Advisors LLC increased its position in shares of Invesco NASDAQ 100 ETF by 4.3% during the second quarter. Sand Hill Global Advisors LLC now owns 1,157 shares of the company’s stock worth $263,000 after acquiring an additional 48 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $239.64 on Friday. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23. The firm has a market capitalization of $68.74 billion, a PE ratio of 31.95 and a beta of 1.16. The company’s 50-day moving average is $251.35 and its 200 day moving average is $250.93.

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.