Sigma Planning Corp Grows Stake in Invesco NASDAQ 100 ETF $QQQM

Sigma Planning Corp raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.6% during the first quarter, HoldingsChannel.com reports. The firm owned 13,970 shares of the company’s stock after buying an additional 2,479 shares during the period. Sigma Planning Corp’s holdings in Invesco NASDAQ 100 ETF were worth $3,320,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in QQQM. 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 worth $370,000 after buying an additional 40 shares during the last quarter. Archer Investment Corp raised its stake in Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after buying an additional 44 shares during the last quarter. Jacobi Capital Management LLC boosted its holdings in Invesco NASDAQ 100 ETF by 3.4% in the fourth quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock worth $336,000 after acquiring an additional 44 shares in the last quarter. Blue Trust Inc. boosted its holdings in Invesco NASDAQ 100 ETF by 7.3% in the first quarter. Blue Trust Inc. now owns 680 shares of the company’s stock worth $162,000 after acquiring an additional 46 shares in the last quarter. Finally, Foresight Capital Management Advisors Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 4.6% during the fourth quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock worth $270,000 after acquiring an additional 47 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.3%

QQQM opened at $295.56 on Thursday. Invesco NASDAQ 100 ETF has a 52-week low of $227.00 and a 52-week high of $308.21. The company has a market cap of $99.53 billion, a P/E ratio of 31.95 and a beta of 1.22. The firm’s 50-day moving average price is $296.59 and its 200-day moving average price is $268.53.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.3522 per share. This represents a $1.41 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

About Invesco NASDAQ 100 ETF

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.