Syntegra Private Wealth Group LLC Sells 7,888 Shares of Invesco NASDAQ 100 ETF $QQQM

Syntegra Private Wealth Group LLC lowered its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,738 shares of the company’s stock after selling 7,888 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 4.3% of Syntegra Private Wealth Group LLC’s investment portfolio, making the stock its 7th biggest position. Syntegra Private Wealth Group LLC owned about 0.07% of Invesco NASDAQ 100 ETF worth $47,230,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Invesco Ltd. grew its position in Invesco NASDAQ 100 ETF by 3.2% during the third quarter. Invesco Ltd. now owns 11,185,021 shares of the company’s stock worth $2,764,042,000 after buying an additional 350,190 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd grew its position in Invesco NASDAQ 100 ETF by 0.6% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,882,663 shares of the company’s stock worth $959,484,000 after buying an additional 22,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Invesco NASDAQ 100 ETF by 1.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock worth $926,749,000 after buying an additional 65,487 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after purchasing an additional 3,005,140 shares in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives boosted its holdings in shares of Invesco NASDAQ 100 ETF by 5.1% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock valued at $666,191,000 after purchasing an additional 129,000 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $305.82 on Wednesday. The stock’s fifty day moving average price is $269.69 and its two-hundred day moving average price is $258.49. The company has a market cap of $91.80 billion, a PE ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a fifty-two week low of $215.25 and a fifty-two week high of $307.33.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.3277 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.31 dividend on an annualized basis and a dividend yield of 0.4%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.