Invesco NASDAQ 100 ETF $QQQM Shares Sold by Syntegra Private Wealth Group LLC

Syntegra Private Wealth Group LLC trimmed its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 186,738 shares of the company’s stock after selling 7,888 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 4.3% of Syntegra Private Wealth Group LLC’s investment portfolio, making the stock its 7th biggest position. Syntegra Private Wealth Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $47,230,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in QQQM. Garner Asset Management Corp acquired a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $25,000. New Millennium Group LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 671.4% during the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after buying an additional 94 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth $31,000. Imprint Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Finally, Bank & Trust Co acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $46,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $305.82 on Wednesday. Invesco NASDAQ 100 ETF has a twelve month low of $215.25 and a twelve month high of $307.33. The company has a market cap of $91.80 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21. The business’s fifty day moving average is $269.69 and its 200 day moving average is $258.49.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.3277 per share. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.31 annualized dividend and a dividend yield of 0.4%.

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.