Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 17.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,008 shares of the company’s stock after acquiring an additional 6,241 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $10,381,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of QQQM. E Fund Management Hong Kong Co. Ltd. boosted its position in Invesco NASDAQ 100 ETF by 1,473.2% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 5,695 shares of the company’s stock valued at $1,407,000 after buying an additional 5,333 shares during the last quarter. Evolution Wealth Management Inc. raised its position in Invesco NASDAQ 100 ETF by 51,972.7% during the 3rd quarter. Evolution Wealth Management Inc. now owns 5,728 shares of the company’s stock worth $1,416,000 after buying an additional 5,717 shares during the last quarter. Boyum Wealth Architects LLC lifted its stake in Invesco NASDAQ 100 ETF by 12.4% during the 3rd quarter. Boyum Wealth Architects LLC now owns 22,813 shares of the company’s stock valued at $5,638,000 after acquiring an additional 2,523 shares during the period. Brookstone Capital Management boosted its holdings in shares of Invesco NASDAQ 100 ETF by 49.7% in the 3rd quarter. Brookstone Capital Management now owns 75,006 shares of the company’s stock valued at $18,535,000 after acquiring an additional 24,904 shares during the last quarter. Finally, Bank Hapoalim BM purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $35,091,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $251.01 on Friday. The company’s fifty day moving average price is $255.13 and its 200-day moving average price is $247.95. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23. The firm has a market capitalization of $72.00 billion, a P/E ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.323 per share. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, December 22nd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.