YHB Investment Advisors Inc. Reduces Holdings in Invesco NASDAQ 100 ETF $QQQM

YHB Investment Advisors Inc. cut its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 35.2% during the third quarter, according to the company in its most recent Form 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.

A number of other large investors have also recently modified their holdings of QQQM. Invesco Ltd. raised its position in Invesco NASDAQ 100 ETF by 4.2% during the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after purchasing an additional 468,626 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock valued at $2,289,586,000 after buying an additional 170,070 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco NASDAQ 100 ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock valued at $1,172,000,000 after buying an additional 173,431 shares during the period. Meitav Investment House Ltd. raised its holdings in shares of Invesco NASDAQ 100 ETF by 25.3% in the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock valued at $612,143,000 after acquiring an additional 520,102 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Invesco NASDAQ 100 ETF by 5.7% in the first quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock valued at $526,813,000 after acquiring an additional 120,112 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 1.6%

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

Invesco NASDAQ 100 ETF 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.