Invesco NASDAQ 100 ETF $QQQM is Syntegra Private Wealth Group LLC’s 8th Largest Position

Syntegra Private Wealth Group LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 192,931 shares of the company’s stock after acquiring an additional 958 shares during the quarter. Invesco NASDAQ 100 ETF makes up 4.5% of Syntegra Private Wealth Group LLC’s holdings, making the stock its 8th biggest holding. Syntegra Private Wealth Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $43,815,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Uptick Partners LLC increased its stake in Invesco NASDAQ 100 ETF by 1.4% during the second quarter. Uptick Partners LLC now owns 3,869 shares of the company’s stock worth $879,000 after acquiring an additional 52 shares during the last quarter. Opulen Financial Group LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 1.3% in the 1st quarter. Opulen Financial Group LLC now owns 4,777 shares of the company’s stock worth $922,000 after purchasing an additional 59 shares during the period. Compass Advisory Group LLC increased its position in shares of Invesco NASDAQ 100 ETF by 1.3% during the 1st quarter. Compass Advisory Group LLC now owns 4,800 shares of the company’s stock valued at $927,000 after purchasing an additional 60 shares during the last quarter. Purus Wealth Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 0.4% during the 1st quarter. Purus Wealth Management LLC now owns 13,618 shares of the company’s stock valued at $2,629,000 after buying an additional 61 shares during the period. Finally, Pettyjohn Wood & White Inc. raised its holdings in Invesco NASDAQ 100 ETF by 3.3% during the 1st quarter. Pettyjohn Wood & White Inc. now owns 2,050 shares of the company’s stock valued at $396,000 after buying an additional 65 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 1.3%

NASDAQ QQQM opened at $251.76 on Tuesday. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $252.42. The firm has a market capitalization of $65.11 billion, a price-to-earnings ratio of 31.95 and a beta of 1.18. The company has a fifty day moving average of $242.09 and a two-hundred day moving average of $223.41.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a dividend of $0.3025 per share. This represents a $1.21 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, September 22nd.

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.