Sigma Planning Corp Boosts Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Sigma Planning Corp grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 60.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 14,383 shares of the company’s stock after buying an additional 5,422 shares during the period. Sigma Planning Corp’s holdings in Invesco NASDAQ 100 ETF were worth $3,266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Mission Wealth Management LP purchased a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $206,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its holdings in Invesco NASDAQ 100 ETF by 184.4% in the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 78,853 shares of the company’s stock worth $17,907,000 after acquiring an additional 51,127 shares in the last quarter. Atlas Private Wealth Advisors increased its holdings in Invesco NASDAQ 100 ETF by 0.5% in the 2nd quarter. Atlas Private Wealth Advisors now owns 35,155 shares of the company’s stock worth $7,988,000 after acquiring an additional 170 shares in the last quarter. Summit Investment Advisory Services LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter worth $617,000. Finally, Rede Wealth LLC increased its holdings in Invesco NASDAQ 100 ETF by 2.2% in the 2nd quarter. Rede Wealth LLC now owns 8,270 shares of the company’s stock worth $1,878,000 after acquiring an additional 179 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $260.23 on Tuesday. The firm has a market cap of $68.12 billion, a PE ratio of 31.95 and a beta of 1.16. The firm has a fifty day moving average of $246.15 and a 200 day moving average of $228.86. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $262.23.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a $0.3025 dividend. This represents a $1.21 annualized dividend and a 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.