Smartleaf Asset Management LLC Increases Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Smartleaf Asset Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 74,050.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,966 shares of the company’s stock after buying an additional 2,962 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQM. Financial Management Professionals Inc. purchased a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth $25,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth $31,000. Kieckhefer Group LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth about $32,000. Blue Trust Inc. acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth about $49,000. Finally, Hobbs Group Advisors LLC lifted its position in Invesco NASDAQ 100 ETF by 257.1% during the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after acquiring an additional 180 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $204.75 on Tuesday. The stock has a 50-day moving average of $214.72 and a two-hundred day moving average of $207.35. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $222.64. The stock has a market cap of $40.66 billion, a P/E ratio of 33.44 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.3103 per share. 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.