Silverleafe Capital Partners LLC Purchases 87 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Silverleafe Capital Partners LLC raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,280 shares of the company’s stock after purchasing an additional 87 shares during the quarter. Silverleafe Capital Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $234,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. CFS Investment Advisory Services LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 0.8% in the fourth quarter. CFS Investment Advisory Services LLC now owns 7,347 shares of the company’s stock worth $1,238,000 after purchasing an additional 57 shares during the last quarter. Next Capital Management LLC grew its position in Invesco NASDAQ 100 ETF by 3.6% in the 4th quarter. Next Capital Management LLC now owns 1,804 shares of the company’s stock worth $304,000 after purchasing an additional 62 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in Invesco NASDAQ 100 ETF by 1.8% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 4,714 shares of the company’s stock worth $794,000 after purchasing an additional 83 shares in the last quarter. Salem Investment Counselors Inc. grew its position in Invesco NASDAQ 100 ETF by 11.9% in the 1st quarter. Salem Investment Counselors Inc. now owns 788 shares of the company’s stock worth $144,000 after purchasing an additional 84 shares in the last quarter. Finally, Core Wealth Advisors Inc. grew its position in Invesco NASDAQ 100 ETF by 25.9% in the 4th quarter. Core Wealth Advisors Inc. now owns 432 shares of the company’s stock worth $73,000 after purchasing an additional 89 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $197.11 on Friday. Invesco NASDAQ 100 ETF has a 52-week low of $140.84 and a 52-week high of $200.47. The company has a 50-day simple moving average of $187.18 and a two-hundred day simple moving average of $179.55. The company has a market capitalization of $25.56 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a $0.3199 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend was Monday, June 24th.

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.