Trust Co of Toledo Na 13F: Exits QQQM Stake

Trust Co of Toledo Na sold its entire position in the Invesco NASDAQ 100 ETF (QQQM) in a filing on October 16, 2026. The fund cut 2,883 shares, bringing its stake down to zero. This move follows other recent changes among major holders of the ETF.

What Changed in Trust Co of Toledo Na's QQQM Position

In its latest filing, Trust Co of Toledo Na disclosed it sold out of its position in QQQM, cutting its holdings by 2,883 shares, which represents a 100.0% decrease. This means the fund no longer holds any shares in the Invesco NASDAQ 100 ETF.

Other Institutional Activity in QQQM

In the same quarter, other major holders adjusted their positions as well. On October 14, 2026, Focus Financial Network decreased its holdings in QQQM by 3.85%, reflecting a trend of cautious moves among institutional investors. Meanwhile, on the same day as Trust Co of Toledo Na's filing, the Japan Science & Technology Agency opened a new position in QQQM, solidifying its stake in the tech-focused ETF.

Invesco NASDAQ 100 ETF Stock Down 2.6%

As of October 16, 2026, QQQM was recently trading at $292.37. This price is below its 50-day moving average of $299.21, suggesting it may be facing some headwinds in the current market environment. The ETF is also about 6.9% below its 52-week high of $314.12, but it remains 27.8% above its 52-week low of $228.75.

About Invesco NASDAQ 100 ETF

The Invesco NASDAQ 100 ETF aims to track the performance of the NASDAQ-100 Index, investing at least 90% of its total assets in the index's securities. It uses a modified market capitalization-weighted methodology, which means larger companies have a greater impact on the fund's performance. This recent move by Trust Co of Toledo Na and others highlights the changing landscape for tech-focused investments.

Bottom Line

Investors should keep an eye on future filings from Trust Co of Toledo Na and other institutional investors for further insights. The changes in holdings reflect ongoing adjustments in the market, especially for tech-related assets like QQQM. As of now, the ETF's position in the market is still dynamic, with recent activity suggesting a cautious approach among major holders. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.