64,008 Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 265.6% in the third quarter, Holdings Channel.com reports. The firm owned 88,105 shares of the company’s stock after buying an additional 64,008 shares during the period. Invesco NASDAQ 100 ETF comprises about 1.0% of Flagship Harbor Advisors LLC’s investment portfolio, making the stock its 16th biggest position. Flagship Harbor Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $26,840,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of QQQM. Florida Financial Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF by 71.0% in the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock worth $4,150,000 after buying an additional 7,252 shares during the period. The Manufacturers Life Insurance Company purchased a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at approximately $4,938,000. HighTower Advisors LLC raised its holdings in Invesco NASDAQ 100 ETF by 33.9% during the 2nd quarter. HighTower Advisors LLC now owns 643,133 shares of the company’s stock valued at $194,850,000 after acquiring an additional 162,761 shares during the period. QRG Capital Management Inc. raised its holdings in Invesco NASDAQ 100 ETF by 207.5% during the 2nd quarter. QRG Capital Management Inc. now owns 4,668 shares of the company’s stock valued at $1,414,000 after acquiring an additional 3,150 shares during the period. Finally, JDM Financial Group LLC raised its holdings in Invesco NASDAQ 100 ETF by 37.2% during the 1st quarter. JDM Financial Group LLC now owns 7,909 shares of the company’s stock valued at $1,879,000 after acquiring an additional 2,143 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $293.26 on Tuesday. Invesco NASDAQ 100 ETF has a 1 year low of $228.75 and a 1 year high of $314.11. The stock’s fifty day moving average price is $298.86 and its two-hundred day moving average price is $278.65. The company has a market cap of $107.95 billion, a P/E 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.