Cwm LLC Sells 1,375 Shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Cwm LLC cut its holdings in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 18.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,890 shares of the company’s stock after selling 1,375 shares during the period. Cwm LLC’s holdings in Invesco NASDAQ Next Gen 100 ETF were worth $159,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. RIA Advisory Group LLC purchased a new position in Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth $43,000. Modus Advisors LLC bought a new position in Invesco NASDAQ Next Gen 100 ETF during the 4th quarter valued at about $229,000. Kestra Advisory Services LLC raised its position in Invesco NASDAQ Next Gen 100 ETF by 8.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 14,896 shares of the company’s stock worth $367,000 after purchasing an additional 1,127 shares during the period. Mystic Asset Management Inc. lifted its stake in Invesco NASDAQ Next Gen 100 ETF by 4.4% in the third quarter. Mystic Asset Management Inc. now owns 17,875 shares of the company’s stock worth $440,000 after purchasing an additional 758 shares during the last quarter. Finally, Cornerstone Wealth Management LLC boosted its position in shares of Invesco NASDAQ Next Gen 100 ETF by 5.2% during the fourth quarter. Cornerstone Wealth Management LLC now owns 23,303 shares of the company’s stock valued at $629,000 after buying an additional 1,152 shares during the period.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Shares of NASDAQ QQQJ opened at $27.45 on Monday. Invesco NASDAQ Next Gen 100 ETF has a fifty-two week low of $22.66 and a fifty-two week high of $29.29. The company has a market cap of $665.11 million, a price-to-earnings ratio of 20.46 and a beta of 1.10. The business’s 50 day moving average price is $28.11 and its 200-day moving average price is $26.60.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.0683 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.27 annualized dividend and a dividend yield of 0.99%.

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.