Invesco Ltd. Boosts Stake in Invesco NASDAQ Next Gen 100 ETF $QQQJ

Invesco Ltd. boosted its stake in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 11.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,512 shares of the company’s stock after buying an additional 5,727 shares during the period. Invesco Ltd. owned 0.27% of Invesco NASDAQ Next Gen 100 ETF worth $1,581,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. LPL Financial LLC lifted its holdings in Invesco NASDAQ Next Gen 100 ETF by 1.0% during the first quarter. LPL Financial LLC now owns 370,825 shares of the company’s stock worth $10,758,000 after buying an additional 3,784 shares during the period. Bank of America Corp DE lifted its holdings in Invesco NASDAQ Next Gen 100 ETF by 0.5% during the fourth quarter. Bank of America Corp DE now owns 227,855 shares of the company’s stock worth $7,036,000 after buying an additional 1,140 shares during the period. Wealthcare Advisory Partners LLC lifted its holdings in Invesco NASDAQ Next Gen 100 ETF by 1.3% during the first quarter. Wealthcare Advisory Partners LLC now owns 134,665 shares of the company’s stock worth $3,907,000 after buying an additional 1,672 shares during the period. SteelPeak Wealth LLC lifted its holdings in Invesco NASDAQ Next Gen 100 ETF by 4.1% during the first quarter. SteelPeak Wealth LLC now owns 89,405 shares of the company’s stock worth $2,594,000 after buying an additional 3,500 shares during the period. Finally, Wealthfront Advisers LLC lifted its holdings in Invesco NASDAQ Next Gen 100 ETF by 31.5% during the first quarter. Wealthfront Advisers LLC now owns 68,035 shares of the company’s stock worth $1,974,000 after buying an additional 16,286 shares during the period.

Invesco NASDAQ Next Gen 100 ETF Stock Down 0.5%

Invesco NASDAQ Next Gen 100 ETF stock opened at $34.58 on Monday. The business has a fifty day moving average of $33.14 and a two-hundred day moving average of $31.00. The firm has a market cap of $662.90 million, a P/E ratio of 22.27 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a twelve month low of $24.89 and a twelve month high of $34.85.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 23rd were issued a dividend of $0.0878 per share. This is an increase from Invesco NASDAQ Next Gen 100 ETF’s previous quarterly dividend of $0.05. This represents a $0.35 dividend on an annualized basis 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.