Sigma Planning Corp Sells 12,193 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Sigma Planning Corp trimmed its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 75.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,009 shares of the company’s stock after selling 12,193 shares during the quarter. Sigma Planning Corp’s holdings in Invesco NASDAQ 100 ETF were worth $676,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clearstead Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $30,000. CVA Family Office LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth $34,000. Pinnacle Bancorp Inc. bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $35,000. Addison Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $36,000. Finally, FinTrust Capital Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $42,000.

Invesco NASDAQ 100 ETF Stock Up 0.3 %

Shares of QQQM opened at $175.49 on Thursday. Invesco NASDAQ 100 ETF has a 12-month low of $127.47 and a 12-month high of $184.88. The business’s fifty day moving average is $179.88 and its 200 day moving average is $168.55. The stock has a market cap of $22.63 billion, a P/E ratio of 35.17 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.3454 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend was Monday, March 18th.

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.