Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Enclave Advisors LLC

Enclave Advisors LLC boosted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 36.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 46,847 shares of the company’s stock after purchasing an additional 12,401 shares during the quarter. Invesco NASDAQ 100 ETF makes up 1.7% of Enclave Advisors LLC’s portfolio, making the stock its 17th biggest holding. Enclave Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $11,848,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth about $538,021,000. Invesco Ltd. grew its position in shares of Invesco NASDAQ 100 ETF by 18.8% in the second quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock valued at $2,460,590,000 after purchasing an additional 1,715,025 shares during the period. Bank of Nova Scotia purchased a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at approximately $277,718,000. Sumitomo Mitsui Trust Group Inc. increased its stake in Invesco NASDAQ 100 ETF by 4,547.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 924,520 shares of the company’s stock worth $228,467,000 after acquiring an additional 904,626 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of Invesco NASDAQ 100 ETF by 25.9% in the third quarter. Jones Financial Companies Lllp now owns 2,285,296 shares of the company’s stock worth $560,746,000 after acquiring an additional 469,957 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $231.61 on Friday. The stock has a 50-day simple moving average of $249.54 and a 200-day simple moving average of $250.89. The firm has a market cap of $66.44 billion, a P/E ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.3277 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, March 23rd. This represents a $1.31 dividend on an annualized basis and a yield of 0.6%.

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.