SG Americas Securities LLC Grows Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

SG Americas Securities LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,280 shares of the company’s stock after purchasing an additional 417 shares during the quarter. SG Americas Securities LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,898,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in QQQM. Global Trust Asset Management LLC boosted its stake in Invesco NASDAQ 100 ETF by 266.3% in the 4th quarter. Global Trust Asset Management LLC now owns 1,238 shares of the company’s stock worth $261,000 after buying an additional 900 shares during the last quarter. Tide Cove Capital Partners LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth about $7,759,000. Commons Capital LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth about $673,000. Enclave Advisors LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 12.6% in the fourth quarter. Enclave Advisors LLC now owns 1,916 shares of the company’s stock worth $403,000 after acquiring an additional 214 shares during the last quarter. Finally, Wall Street Financial Group Inc. grew its holdings in Invesco NASDAQ 100 ETF by 4.0% in the fourth quarter. Wall Street Financial Group Inc. now owns 53,306 shares of the company’s stock valued at $11,218,000 after purchasing an additional 2,028 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.2 %

NASDAQ:QQQM opened at $219.31 on Friday. The company has a market cap of $42.45 billion, a P/E ratio of 34.39 and a beta of 1.18. The firm’s 50 day moving average is $212.71 and its two-hundred day moving average is $202.84. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.