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

Enclave Advisors LLC increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.6% in the 4th quarter, Holdings Channel.com reports. The firm 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 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $25,000. Massmutual Trust Co. FSB ADV bought 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 3rd quarter valued at $31,000. Kieckhefer Group LLC acquired a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at $32,000. Finally, Mendota Financial Group LLC bought a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at $40,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $216.10 on Wednesday. The firm’s 50-day moving average is $212.45 and its 200-day moving average is $202.64. The company 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 has a 52-week low of $169.96 and a 52-week high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.