1,666 Invesco NASDAQ 100 ETF $QQQM Shares Sold by Private Client Services LLC

Private Client Services LLC decreased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 45.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,026 shares of the company’s stock after selling 1,666 shares during the period. Private Client Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $617,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Florida Financial Advisors LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 71.0% during the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after acquiring an additional 7,252 shares in the last quarter. Nicholas Wealth LLC. bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $1,164,000. Bank of New York Mellon Corp grew its holdings in shares of Invesco NASDAQ 100 ETF by 8.1% in the fourth quarter. Bank of New York Mellon Corp now owns 835,930 shares of the company’s stock valued at $211,423,000 after purchasing an additional 62,705 shares in the last quarter. JDM Financial Group LLC increased its position in Invesco NASDAQ 100 ETF by 37.2% in the first quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock worth $1,879,000 after purchasing an additional 2,143 shares during the last quarter. Finally, Investment Planning Advisors Inc. increased its position in Invesco NASDAQ 100 ETF by 54.7% in the first quarter. Investment Planning Advisors Inc. now owns 98,485 shares of the company’s stock worth $23,402,000 after purchasing an additional 34,831 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.1%

Invesco NASDAQ 100 ETF stock traded up $3.29 during mid-day trading on Friday, reaching $308.86. 1,644,915 shares of the company’s stock traded hands, compared to its average volume of 4,036,967. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $310.67. The stock has a 50 day moving average of $294.90 and a two-hundred day moving average of $284.91. The company has a market cap of $110.83 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23.

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.