25,477 Shares of Invesco NASDAQ 100 ETF $QQQM Bought by Sanders Morris Harris LLC

Sanders Morris Harris LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 25,477 shares of the company’s stock, valued at approximately $7,809,000. Invesco NASDAQ 100 ETF comprises about 1.0% of Sanders Morris Harris LLC’s portfolio, making the stock its 23rd largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. First Citizens Bank & Trust Co. purchased a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $206,000. Enclave Advisors LLC boosted its position in Invesco NASDAQ 100 ETF by 17.1% during the 3rd quarter. Enclave Advisors LLC now owns 127,629 shares of the company’s stock worth $38,881,000 after acquiring an additional 18,604 shares during the period. Liberty Atlantic Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 45.1% in the third quarter. Liberty Atlantic Advisors LLC now owns 2,034 shares of the company’s stock worth $620,000 after purchasing an additional 632 shares in the last quarter. XY Planning Network Inc. acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $213,000. Finally, Red Crane Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF by 5.1% in the 3rd quarter. Red Crane Wealth Management LLC now owns 769 shares of the company’s stock worth $234,000 after buying an additional 37 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 2.0%

NASDAQ QQQM traded down $6.03 on Wednesday, reaching $300.13. The stock had a trading volume of 3,694,353 shares, compared to its average volume of 3,988,312. Invesco NASDAQ 100 ETF has a 1 year low of $228.75 and a 1 year high of $314.11. The business has a 50 day moving average price of $299.12 and a 200 day moving average price of $288.62. The company has a market capitalization of $109.19 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

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.