338,548 Shares in Invesco NASDAQ Next Gen 100 ETF $QQQJ Purchased by Retirement Financial Solutions LLC

Retirement Financial Solutions LLC acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 338,548 shares of the company’s stock, valued at approximately $12,117,000. Invesco NASDAQ Next Gen 100 ETF makes up 7.4% of Retirement Financial Solutions LLC’s holdings, making the stock its 5th biggest position. Retirement Financial Solutions LLC owned approximately 1.76% of Invesco NASDAQ Next Gen 100 ETF as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC purchased a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the second quarter worth approximately $123,000. Flagship Harbor Advisors LLC bought a new position in Invesco NASDAQ Next Gen 100 ETF in the second quarter worth approximately $204,000. JPMorgan Chase & Co. grew its stake in Invesco NASDAQ Next Gen 100 ETF by 11.0% in the second quarter. JPMorgan Chase & Co. now owns 6,407 shares of the company’s stock worth $205,000 after purchasing an additional 636 shares in the last quarter. Truist Financial Corp purchased a new position in Invesco NASDAQ Next Gen 100 ETF during the 2nd quarter worth $225,000. Finally, Stratos Wealth Partners LTD. purchased a new position in Invesco NASDAQ Next Gen 100 ETF during the 2nd quarter worth $237,000.

Invesco NASDAQ Next Gen 100 ETF Stock Up 1.8%

Shares of NASDAQ QQQJ opened at $37.51 on Monday. Invesco NASDAQ Next Gen 100 ETF has a twelve month low of $24.89 and a twelve month high of $37.89. The firm has a market cap of $806.47 million, a PE ratio of 22.27 and a beta of 1.13. The business has a fifty day simple moving average of $36.69 and a two-hundred day simple moving average of $35.10.

Invesco NASDAQ Next Gen 100 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.0665 dividend. This represents a $0.27 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, December 22nd.

About Invesco NASDAQ Next Gen 100 ETF

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.