Sightline Wealth Advisors LLC Buys 315 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Sightline Wealth Advisors LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,110 shares of the company’s stock after acquiring an additional 315 shares during the period. Invesco NASDAQ 100 ETF comprises about 0.9% of Sightline Wealth Advisors LLC’s portfolio, making the stock its 23rd biggest position. Sightline Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,707,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in QQQM. Pallas Capital Advisors LLC increased its position in Invesco NASDAQ 100 ETF by 5.3% in the 4th quarter. Pallas Capital Advisors LLC now owns 1,384 shares of the company’s stock valued at $291,000 after acquiring an additional 70 shares during the period. Heritage Wealth Partners LLC bought a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $3,968,000. Future Financial Wealth Managment LLC increased its position in Invesco NASDAQ 100 ETF by 5.0% during the 4th quarter. Future Financial Wealth Managment LLC now owns 45,153 shares of the company’s stock valued at $9,502,000 after purchasing an additional 2,131 shares during the period. Kieckhefer Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $32,000. Finally, ACT Advisors LLC. acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth $27,217,000.

Invesco NASDAQ 100 ETF Stock Down 0.3 %

QQQM traded down $0.71 during trading on Monday, reaching $208.14. 1,819,844 shares of the stock traded hands, compared to its average volume of 2,491,156. The stock’s 50-day moving average is $211.96 and its 200 day moving average is $202.14. Invesco NASDAQ 100 ETF has a 12 month low of $165.86 and a 12 month high of $221.92. The stock has a market capitalization of $38.40 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced 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 of this dividend was Monday, December 23rd.

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.