Signature Estate & Investment Advisors LLC Buys 1,472 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Signature Estate & Investment Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,940 shares of the company’s stock after buying an additional 1,472 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,599,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 1,650.6% in the second quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock worth $1,529,744,000 after purchasing an additional 7,317,531 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in Invesco NASDAQ 100 ETF by 10,544.5% during the second quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock valued at $7,917,000 after purchasing an additional 3,978,954 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives raised its stake in Invesco NASDAQ 100 ETF by 260.2% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock valued at $476,014,000 after purchasing an additional 1,712,000 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Invesco NASDAQ 100 ETF by 19.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock worth $337,951,000 after acquiring an additional 283,257 shares during the last quarter. Finally, Meitav Investment House Ltd. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 25.7% in the 3rd quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock worth $319,132,000 after purchasing an additional 324,887 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $209.34 on Friday. The firm has a market capitalization of $35.67 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The company has a 50-day moving average of $200.61 and a 200 day moving average of $194.84. Invesco NASDAQ 100 ETF has a 1-year low of $157.44 and a 1-year high of $212.19.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date was Monday, September 23rd.

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.