Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Syntegra Private Wealth Group LLC’s 8th Largest Position

Syntegra Private Wealth Group LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 17.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,344 shares of the company’s stock after purchasing an additional 28,492 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 4.5% of Syntegra Private Wealth Group LLC’s holdings, making the stock its 8th biggest holding. Syntegra Private Wealth Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $39,034,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in Invesco NASDAQ 100 ETF by 1,650.6% during the second quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock worth $1,529,744,000 after acquiring an additional 7,317,531 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in Invesco NASDAQ 100 ETF by 10,544.5% during the second quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock worth $7,917,000 after acquiring an additional 3,978,954 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Invesco NASDAQ 100 ETF by 19.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock worth $337,951,000 after acquiring an additional 283,257 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Invesco NASDAQ 100 ETF by 6.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,428,387 shares of the company’s stock worth $260,952,000 after acquiring an additional 80,230 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in Invesco NASDAQ 100 ETF by 6.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,418,246 shares of the company’s stock worth $279,551,000 after acquiring an additional 83,702 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM traded down $1.24 during mid-day trading on Wednesday, reaching $202.87. 446,548 shares of the stock were exchanged, compared to its average volume of 1,831,453. Invesco NASDAQ 100 ETF has a 1-year low of $140.84 and a 1-year high of $207.24. The business’s fifty day simple moving average is $197.24 and its 200 day simple moving average is $191.76. The stock has a market capitalization of $34.59 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.30 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.59%.

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.