Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its holdings in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 1.3% during the first quarter, Holdings Channel.com reports. The fund owned 134,665 shares of the company’s stock after buying an additional 1,672 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Invesco NASDAQ Next Gen 100 ETF were worth $3,907,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter valued at about $40,940,000. Wick Capital Partners LLC lifted its stake in Invesco NASDAQ Next Gen 100 ETF by 788.0% in the 4th 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 in the last quarter. Novem Group purchased a new position in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth approximately $2,013,000. Invesco Ltd. lifted its stake in Invesco NASDAQ Next Gen 100 ETF by 99.9% in the 4th quarter. Invesco Ltd. now owns 48,785 shares of the company’s stock worth $1,506,000 after purchasing an additional 24,380 shares in the last quarter. Finally, Texas Yale Capital Corp. purchased a new position in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth approximately $469,000.

Invesco NASDAQ Next Gen 100 ETF Price Performance

QQQJ opened at $31.54 on Wednesday. The company’s 50 day simple moving average is $29.28 and its two-hundred day simple moving average is $30.61. 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 $628.91 million, a price-to-earnings ratio of 20.53 and a beta of 1.10.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

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

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.