Congress Park Capital Loads Up On QQQM With 10,000 Shares Purchased

Core Insights - Congress Park Capital LLC increased its holdings in Invesco NASDAQ 100 ETF (QQQM) by 10,764 shares, amounting to an estimated $2.54 million trade during Q3 2025, bringing total holdings to 32,844 shares valued at $8.12 million [2][9] Investment Strategy - The Invesco NASDAQ 100 ETF (QQQM) aims to track the performance of the Nasdaq-100 Index by investing at least 90% of its assets in the underlying securities, providing exposure to 100 of the largest nonfinancial companies listed on the Nasdaq Stock Market [4] Performance Metrics - As of October 7, 2025, QQQM shares were priced at $248.85, reflecting a 25.4% increase over the past year, outperforming the S&P 500 by 8.0 percentage points [3] - The fund's total assets under management (AUM) stand at $64.34 billion, with a distribution yield of 0.5% [3] Market Context - The tech-heavy NASDAQ has experienced significant growth, driven by various AI-related companies, including chipmakers and software firms, which have positively impacted QQQM's performance [10] - The rise in Bitcoin value has also contributed to the ETF's attractiveness, as many public companies in the NASDAQ are involved in cryptocurrency [10] Fund Structure - QQQM operates as a passively managed ETF that tracks an index, maintaining a non-diversified structure with a focus on large nonfinancial companies [5][6]