Enclave Advisors LLC Purchases 18,604 Shares of Invesco NASDAQ 100 ETF $QQQM

Enclave Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 17.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,629 shares of the company’s stock after purchasing an additional 18,604 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 4.9% of Enclave Advisors LLC’s portfolio, making the stock its 4th largest position. Enclave Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $38,881,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Invesco Ltd. increased its holdings in Invesco NASDAQ 100 ETF by 4.2% during the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after purchasing an additional 468,626 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 2.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,557,285 shares of the company’s stock worth $2,289,586,000 after buying an additional 170,070 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco NASDAQ 100 ETF by 4.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,868,368 shares of the company’s stock worth $1,172,000,000 after buying an additional 173,431 shares during the period. Meitav Investment House Ltd. grew its position in shares of Invesco NASDAQ 100 ETF by 25.3% in the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after buying an additional 520,102 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Invesco NASDAQ 100 ETF by 5.7% in the 1st quarter. Cetera Investment Advisers now owns 2,217,040 shares of the company’s stock worth $526,813,000 after buying an additional 120,112 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $306.16 on Wednesday. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $314.11. The stock has a market capitalization of $111.24 billion, a PE ratio of 31.95 and a beta of 1.22. The stock’s 50 day moving average price is $299.12 and its 200-day moving average price is $288.62.

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.