Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Sigma Planning Corp

Sigma Planning Corp raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 60.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,383 shares of the company’s stock after acquiring an additional 5,422 shares during the period. Sigma Planning Corp’s holdings in Invesco NASDAQ 100 ETF were worth $3,266,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Uptick Partners LLC lifted its stake in Invesco NASDAQ 100 ETF by 1.4% during the 2nd quarter. Uptick Partners LLC now owns 3,869 shares of the company’s stock valued at $879,000 after acquiring an additional 52 shares during the period. Opulen Financial Group LLC lifted its stake in Invesco NASDAQ 100 ETF by 1.3% during the 1st quarter. Opulen Financial Group LLC now owns 4,777 shares of the company’s stock valued at $922,000 after acquiring an additional 59 shares during the period. Compass Advisory Group LLC lifted its stake in 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 acquiring an additional 60 shares during the period. Purus Wealth Management LLC lifted its stake 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 acquiring an additional 61 shares during the period. Finally, Pettyjohn Wood & White Inc. lifted its stake 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 acquiring an additional 65 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.5%

Shares of NASDAQ QQQM opened at $260.23 on Tuesday. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $262.23. The company has a 50 day simple moving average of $246.15 and a two-hundred day simple moving average of $228.86. The stock has a market cap of $68.12 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.