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

Signal Advisors Wealth LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 87,207 shares of the company’s stock after acquiring an additional 9,808 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 2.1% of Signal Advisors Wealth LLC’s investment portfolio, making the stock its 5th biggest holding. Signal Advisors Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $18,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of QQQM. National Bank of Canada FI lifted its holdings in Invesco NASDAQ 100 ETF by 72.7% in the 2nd quarter. National Bank of Canada FI now owns 190 shares of the company’s stock worth $38,000 after purchasing an additional 80 shares in the last quarter. Marble Harbor Investment Counsel LLC raised its position in shares of Invesco NASDAQ 100 ETF by 1.2% during the second quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock valued at $1,143,000 after buying an additional 66 shares during the last quarter. Citizens Financial Group Inc. RI boosted its position in shares of Invesco NASDAQ 100 ETF by 2,199.4% during the second quarter. Citizens Financial Group Inc. RI now owns 38,538 shares of the company’s stock worth $7,596,000 after acquiring an additional 36,862 shares during the last quarter. Edgestream Partners L.P. purchased a new position in Invesco NASDAQ 100 ETF during the second quarter valued at $295,000. Finally, Capstone Wealth Management Group LLC increased its holdings in Invesco NASDAQ 100 ETF by 39.8% in the 2nd quarter. Capstone Wealth Management Group LLC now owns 3,118 shares of the company’s stock valued at $615,000 after acquiring an additional 888 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.3 %

Shares of QQQM stock opened at $208.14 on Tuesday. The company’s fifty day simple moving average is $212.12 and its two-hundred day simple moving average is $202.21. Invesco NASDAQ 100 ETF has a 52 week low of $165.86 and a 52 week high of $221.92. The stock has a market cap of $38.40 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.3103 per share. The ex-dividend date was Monday, December 23rd.

Invesco NASDAQ 100 ETF 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.