Wells Fargo & Company MN Lowers Stock Position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Wells Fargo & Company MN decreased its holdings in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 179,752 shares of the company’s stock after selling 2,721 shares during the quarter. Wells Fargo & Company MN owned about 0.86% of Invesco NASDAQ Next Gen 100 ETF worth $5,551,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the fourth quarter valued at about $40,940,000. LPL Financial LLC increased its position in Invesco NASDAQ Next Gen 100 ETF by 3.4% in the 4th quarter. LPL Financial LLC now owns 367,041 shares of the company’s stock valued at $11,334,000 after acquiring an additional 12,160 shares during the period. Trilogy Capital Inc. purchased a new stake in Invesco NASDAQ Next Gen 100 ETF during the 4th quarter valued at approximately $5,357,000. Wealthcare Advisory Partners LLC raised its stake in Invesco NASDAQ Next Gen 100 ETF by 2.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 132,993 shares of the company’s stock valued at $4,107,000 after acquiring an additional 3,445 shares during the last quarter. Finally, Purus Wealth Management LLC lifted its position in Invesco NASDAQ Next Gen 100 ETF by 553.5% during the 4th quarter. Purus Wealth Management LLC now owns 89,251 shares of the company’s stock worth $2,756,000 after acquiring an additional 75,594 shares during the period.

Invesco NASDAQ Next Gen 100 ETF Trading Up 0.8 %

NASDAQ:QQQJ opened at $27.37 on Friday. The firm has a market cap of $553.15 million, a P/E ratio of 19.63 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a 12-month low of $24.89 and a 12-month high of $32.99. The stock’s 50 day simple moving average is $29.54 and its 200-day simple moving average is $30.72.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.0454 per share. This is a boost from Invesco NASDAQ Next Gen 100 ETF’s previous dividend of $0.04. The ex-dividend date was Monday, March 24th.

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.