Invesco NASDAQ 100 ETF $QQQM Shares Sold by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated reduced its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 4.4% in the 1st quarter, Holdings Channel reports. The firm owned 46,302 shares of the company’s stock after selling 2,111 shares during the period. Invesco NASDAQ 100 ETF makes up 0.8% of Silver Oak Securities Incorporated’s holdings, making the stock its 28th biggest holding. Silver Oak Securities Incorporated’s holdings in Invesco NASDAQ 100 ETF were worth $11,002,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Garner Asset Management Corp purchased a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $25,000. Imprint Wealth LLC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000. Osbon Capital Management LLC purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $41,000. Bank & Trust Co purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $46,000. Finally, Monetary Solutions Ltd acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $50,000.

Invesco NASDAQ 100 ETF Trading Down 0.6%

QQQM stock opened at $292.05 on Thursday. The company has a market capitalization of $87.67 billion, a P/E ratio of 31.95 and a beta of 1.23. The business has a 50 day simple moving average of $288.94 and a 200-day simple moving average of $264.19. Invesco NASDAQ 100 ETF has a twelve month low of $222.07 and a twelve month high of $308.21.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be paid a dividend of $0.3522 per share. The ex-dividend date is Monday, June 22nd. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%.

About Invesco NASDAQ 100 ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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