ORG Partners LLC Grows Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

ORG Partners LLC grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 184.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,031 shares of the company’s stock after purchasing an additional 37,621 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 1.7% of ORG Partners LLC’s investment portfolio, making the stock its 12th largest position. ORG Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $12,213,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Massmutual Trust Co. FSB ADV purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $29,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth $31,000. National Bank of Canada FI raised its position in Invesco NASDAQ 100 ETF by 72.7% during the 2nd quarter. National Bank of Canada FI now owns 190 shares of the company’s stock valued at $38,000 after purchasing an additional 80 shares in the last quarter. Mendota Financial Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $40,000. Finally, Abich Financial Wealth Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth $43,000.

Invesco NASDAQ 100 ETF Trading Down 1.3 %

Shares of Invesco NASDAQ 100 ETF stock traded down $2.78 during trading on Friday, hitting $209.39. 1,011,779 shares of the stock traded hands, compared to its average volume of 2,291,373. Invesco NASDAQ 100 ETF has a 52-week low of $165.86 and a 52-week high of $221.92. The stock’s fifty day simple moving average is $211.79 and its 200 day simple moving average is $201.98. The firm has a market cap of $38.62 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.3103 dividend. The ex-dividend date 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.