Invesco NASDAQ 100 ETF $QQQM Stock Sold by Highland Financial Advisors LLC

Highland Financial Advisors LLC cut its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 145,552 shares of the company’s stock after selling 3,775 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 9.5% of Highland Financial Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Highland Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $44,341,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Investors Research Corp purchased a new position in shares of Invesco NASDAQ 100 ETF in the second quarter valued at $38,000. Versant Capital Management Inc acquired a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth $41,000. Downshift Financial LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 938.5% during the 3rd quarter. Downshift Financial LLC now owns 135 shares of the company’s stock worth $41,000 after buying an additional 122 shares during the last quarter. Owl Creek Wealth Partners LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 545.5% in the 2nd quarter. Owl Creek Wealth Partners LLC now owns 142 shares of the company’s stock worth $43,000 after buying an additional 120 shares in the last quarter. Finally, JFS Wealth Advisors LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 289.5% in the 2nd quarter. JFS Wealth Advisors LLC now owns 148 shares of the company’s stock worth $45,000 after buying an additional 110 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM traded up $3.52 during trading hours on Monday, reaching $295.78. The company’s stock had a trading volume of 2,664,974 shares, compared to its average volume of 3,979,413. The stock has a market cap of $107.81 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a fifty-two week low of $228.75 and a fifty-two week high of $314.11. The company’s 50-day moving average is $299.22 and its two-hundred day moving average is $289.99.

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.