Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 74,050.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,966 shares of the company’s stock after purchasing an additional 2,962 shares during the period. Smartleaf Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $630,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Maia Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $462,000. Cape Investment Advisory Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 15.1% in the 4th quarter. Cape Investment Advisory Inc. now owns 3,133 shares of the company’s stock valued at $659,000 after buying an additional 410 shares during the period. West Michigan Advisors LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 13.6% in the 4th quarter. West Michigan Advisors LLC now owns 3,710 shares of the company’s stock valued at $781,000 after buying an additional 443 shares during the period. US Bancorp DE lifted its holdings in shares of Invesco NASDAQ 100 ETF by 2.9% in the 4th quarter. US Bancorp DE now owns 93,538 shares of the company’s stock valued at $19,685,000 after buying an additional 2,601 shares during the period. Finally, Maripau Wealth Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $586,000.

Invesco NASDAQ 100 ETF Stock Down 2.2 %

Shares of QQQM stock opened at $204.75 on Tuesday. The stock has a market cap of $40.66 billion, a PE ratio of 33.44 and a beta of 1.18. The business has a 50-day simple moving average of $214.72 and a 200-day simple moving average of $207.35. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $222.64.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently declared 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 of this dividend 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.