205,799 Shares in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) in the fourth quarter, HoldingsChannel.com reports. The fund bought 205,799 shares of the company’s stock, valued at approximately $5,555,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Pacific Center for Financial Services acquired a new position in Invesco NASDAQ Next Gen 100 ETF during the first quarter worth $42,000. Centaurus Financial Inc. boosted its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 31.7% in the 1st quarter. Centaurus Financial Inc. now owns 6,481 shares of the company’s stock valued at $165,000 after purchasing an additional 1,561 shares in the last quarter. First Republic Investment Management Inc. acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the 1st quarter valued at $205,000. IHT Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the 2nd quarter valued at $210,000. Finally, Patten Group Inc. acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the 3rd quarter valued at $201,000.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Shares of NASDAQ:QQQJ opened at $27.29 on Tuesday. Invesco NASDAQ Next Gen 100 ETF has a 52 week low of $22.66 and a 52 week high of $29.29. The company’s fifty day moving average is $28.22 and its 200-day moving average is $26.34. The company has a market capitalization of $671.06 million, a PE ratio of 18.07 and a beta of 1.10.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a dividend of $0.0683 per share. The ex-dividend date was Monday, March 18th. This represents a $0.27 annualized dividend and a yield of 1.00%.

Invesco NASDAQ Next Gen 100 ETF Company Profile

The Invesco NASDAQ Next Gen 100 ETF (QQQJ) is an exchange-traded fund that is based on the Nasdaq Next Generation 100 index, a modified market-cap-weighted, narrow index of 100 non-financial stocks that are next-eligible for inclusion in the NASDAQ-100 Index. QQQJ was launched on Oct 13, 2020 and is issued by Invesco.