12,118 Invesco NASDAQ 100 ETF $QQQM Shares Sold by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. decreased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 35.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,352 shares of the company’s stock after selling 12,118 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $6,809,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of QQQM. Invesco Ltd. raised its stake in shares of Invesco NASDAQ 100 ETF by 4.2% in the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after acquiring an additional 468,626 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 2.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock worth $2,289,586,000 after purchasing an additional 170,070 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco NASDAQ 100 ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after purchasing an additional 173,431 shares during the period. Meitav Investment House Ltd. grew its holdings in Invesco NASDAQ 100 ETF by 25.3% during the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock valued at $612,143,000 after purchasing an additional 520,102 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Invesco NASDAQ 100 ETF by 5.7% during the first quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock valued at $526,813,000 after buying an additional 120,112 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock traded down $5.11 during mid-day trading on Thursday, hitting $306.83. The company’s stock had a trading volume of 1,816,208 shares, compared to its average volume of 4,012,046. The company has a 50 day moving average of $297.53 and a 200-day moving average of $286.74. Invesco NASDAQ 100 ETF has a one year low of $228.75 and a one year high of $314.11. The stock has a market cap of $110.64 billion, a PE ratio of 31.95 and a beta of 1.22.

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.