Enclave Advisors LLC Has $403,000 Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Enclave Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,916 shares of the company’s stock after acquiring an additional 214 shares during the quarter. Enclave Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $403,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. Massmutual Trust Co. FSB ADV acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth $29,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth $31,000. Kieckhefer Group LLC bought a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at about $32,000. Finally, Mendota Financial Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter worth about $40,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $216.10 on Wednesday. The business’s 50-day simple moving average is $212.45 and its 200-day simple moving average is $202.64. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The firm has a market cap of $41.83 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.3103 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.