Cetera Investment Advisers Sells 5,537 Shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Cetera Investment Advisers cut its stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 20.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,747 shares of the company’s stock after selling 5,537 shares during the quarter. Cetera Investment Advisers owned about 0.11% of Invesco NASDAQ Next Gen 100 ETF worth $631,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Wick Capital Partners LLC boosted its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 788.0% during the 4th quarter. Wick Capital Partners LLC now owns 88,934 shares of the company’s stock valued at $2,746,000 after acquiring an additional 78,919 shares during the last quarter. Novem Group bought a new stake in Invesco NASDAQ Next Gen 100 ETF during the 4th quarter worth approximately $2,013,000. Invesco Ltd. raised its stake in Invesco NASDAQ Next Gen 100 ETF by 99.9% during the 4th quarter. Invesco Ltd. now owns 48,785 shares of the company’s stock worth $1,506,000 after acquiring an additional 24,380 shares during the period. Wealthfront Advisers LLC raised its stake in Invesco NASDAQ Next Gen 100 ETF by 31.5% during the 1st quarter. Wealthfront Advisers LLC now owns 68,035 shares of the company’s stock worth $1,974,000 after acquiring an additional 16,286 shares during the period. Finally, Lido Advisors LLC raised its stake in Invesco NASDAQ Next Gen 100 ETF by 35.2% during the 4th quarter. Lido Advisors LLC now owns 52,471 shares of the company’s stock worth $1,620,000 after acquiring an additional 13,657 shares during the period.

Invesco NASDAQ Next Gen 100 ETF Trading Up 0.3%

NASDAQ QQQJ opened at $34.08 on Friday. Invesco NASDAQ Next Gen 100 ETF has a 12 month low of $24.89 and a 12 month high of $34.25. The stock has a market cap of $653.31 million, a price-to-earnings ratio of 22.27 and a beta of 1.10. The company’s 50 day moving average is $32.52 and its two-hundred day moving average is $30.87.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were given a $0.0878 dividend. This is a boost from Invesco NASDAQ Next Gen 100 ETF’s previous quarterly dividend of $0.05. This represents a $0.35 annualized dividend and a yield of 1.0%. The ex-dividend date was Monday, June 23rd.

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.