Signal Advisors Wealth LLC Grows Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Signal Advisors Wealth LLC boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 87,207 shares of the company’s stock after purchasing an additional 9,808 shares during the quarter. Invesco NASDAQ 100 ETF makes up 2.1% of Signal Advisors Wealth LLC’s portfolio, making the stock its 5th biggest position. Signal Advisors Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $18,353,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fulcrum Equity Management raised its position in shares of Invesco NASDAQ 100 ETF by 3.3% in the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after purchasing an additional 56 shares during the last quarter. Ridgecrest Wealth Partners LLC lifted its position in Invesco NASDAQ 100 ETF by 4.4% in the 3rd quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock valued at $288,000 after acquiring an additional 60 shares in the last quarter. Marble Harbor Investment Counsel LLC boosted its stake in Invesco NASDAQ 100 ETF by 1.2% during the 2nd quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock valued at $1,143,000 after purchasing an additional 66 shares during the last quarter. Sugarloaf Wealth Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 3.4% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock worth $431,000 after purchasing an additional 68 shares in the last quarter. Finally, Northstar Group Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 5.4% in the third quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock worth $271,000 after purchasing an additional 69 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.3 %

Shares of Invesco NASDAQ 100 ETF stock opened at $208.14 on Tuesday. The company’s 50 day moving average is $212.12 and its 200 day moving average is $202.21. The company has a market cap of $38.40 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $165.86 and a twelve month high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco NASDAQ 100 ETF Company 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.