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

Sightline Wealth Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 8,110 shares of the company’s stock after acquiring an additional 315 shares during the period. Invesco NASDAQ 100 ETF accounts for 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 quarter.

Several other large investors also recently made changes to their positions in QQQM. National Mutual Insurance Federation of Agricultural Cooperatives increased its holdings in Invesco NASDAQ 100 ETF by 260.2% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after purchasing an additional 1,712,000 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd grew its holdings in Invesco NASDAQ 100 ETF by 13.9% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock worth $1,240,851,000 after buying an additional 754,700 shares in the last quarter. Main Management Fund Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter worth $65,598,000. Meitav Investment House Ltd. raised its position in Invesco NASDAQ 100 ETF by 25.7% in the 3rd quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock valued at $319,132,000 after buying an additional 324,887 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Invesco NASDAQ 100 ETF by 19.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock valued at $337,951,000 after acquiring an additional 283,257 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM traded down $0.71 during trading on Monday, hitting $208.14. The stock had a trading volume of 1,819,844 shares, compared to its average volume of 2,491,156. The firm has a fifty day moving average of $211.96 and a two-hundred day moving average of $202.14. Invesco NASDAQ 100 ETF has a 12 month low of $165.86 and a 12 month high of $221.92. The company has a market capitalization of $38.40 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.3103 dividend. 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.