Signal Advisors Wealth LLC Grows Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Signal Advisors Wealth LLC increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 26.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,900 shares of the company’s stock after purchasing an additional 5,589 shares during the period. Signal Advisors Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vantagepoint Investment Advisers LLC purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at $538,021,000. Invesco Ltd. raised its stake in shares of Invesco NASDAQ 100 ETF by 18.8% during the 2nd quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock valued at $2,460,590,000 after buying an additional 1,715,025 shares during the last quarter. Bank of Nova Scotia acquired a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $277,718,000. Mizuho Bank Ltd. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $272,520,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 4,547.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 924,520 shares of the company’s stock worth $228,467,000 after buying an additional 904,626 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.6%

Invesco NASDAQ 100 ETF stock opened at $241.98 on Thursday. The firm has a market cap of $69.41 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23. The business’s 50-day moving average price is $250.41 and its 200 day moving average price is $251.04.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.3277 per share. This represents a $1.31 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, March 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.