Bank of America Corp DE Purchases 1,140 Shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Bank of America Corp DE increased its position in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 227,855 shares of the company’s stock after buying an additional 1,140 shares during the quarter. Bank of America Corp DE owned 1.08% of Invesco NASDAQ Next Gen 100 ETF worth $7,036,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Invesco NASDAQ Next Gen 100 ETF during the 4th quarter worth approximately $40,940,000. Trilogy Capital Inc. bought a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the fourth quarter worth $5,357,000. SteelPeak Wealth LLC bought a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the fourth quarter worth $2,653,000. Wick Capital Partners LLC boosted its holdings in Invesco NASDAQ Next Gen 100 ETF by 788.0% during the fourth quarter. Wick Capital Partners LLC now owns 88,934 shares of the company’s stock worth $2,746,000 after purchasing an additional 78,919 shares during the last quarter. Finally, Invesco Ltd. grew its position in Invesco NASDAQ Next Gen 100 ETF by 99.9% in the fourth quarter. Invesco Ltd. now owns 48,785 shares of the company’s stock valued at $1,506,000 after purchasing an additional 24,380 shares in the last quarter.

Invesco NASDAQ Next Gen 100 ETF Trading Down 0.2%

Shares of QQQJ stock opened at $30.51 on Monday. The firm’s fifty day moving average price is $28.91 and its two-hundred day moving average price is $30.62. Invesco NASDAQ Next Gen 100 ETF has a 1 year low of $24.89 and a 1 year high of $32.99. The firm has a market capitalization of $608.37 million, a P/E ratio of 20.53 and a beta of 1.10.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

The business 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 positive change 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 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.