Signature Estate & Investment Advisors LLC Raises Holdings in Invesco NASDAQ 100 ETF $QQQM

Signature Estate & Investment Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 16.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,954 shares of the company’s stock after acquiring an additional 6,946 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $12,382,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Avaii Wealth Management LLC grew its stake in Invesco NASDAQ 100 ETF by 2.8% during the 4th quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock valued at $370,000 after acquiring an additional 40 shares in the last quarter. Twin Peaks Wealth Advisors LLC grew its stake in Invesco NASDAQ 100 ETF by 0.7% during the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 5,789 shares of the company’s stock valued at $1,429,000 after acquiring an additional 43 shares in the last quarter. Archer Investment Corp grew its stake in Invesco NASDAQ 100 ETF by 2.0% during the 4th quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after acquiring an additional 44 shares in the last quarter. Modera Wealth Management LLC grew its stake in Invesco NASDAQ 100 ETF by 1.2% during the 3rd quarter. Modera Wealth Management LLC now owns 3,920 shares of the company’s stock valued at $969,000 after acquiring an additional 46 shares in the last quarter. Finally, Foresight Capital Management Advisors Inc. grew its stake in Invesco NASDAQ 100 ETF by 4.6% during the 4th quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock valued at $270,000 after acquiring an additional 47 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.2%

Shares of NASDAQ:QQQM opened at $294.21 on Friday. The business has a fifty day moving average of $262.11 and a two-hundred day moving average of $256.25. The stock has a market cap of $88.32 billion, a P/E ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a 52-week low of $208.18 and a 52-week high of $297.29.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.3277 dividend. This represents a $1.31 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, March 23rd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.