20,980 Shares of Invesco NASDAQ Next Gen 100 ETF $QQQJ Bought by Cannon Capital Management Inc.

Cannon Capital Management Inc. bought a new stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,980 shares of the company’s stock, valued at approximately $920,000. Invesco NASDAQ Next Gen 100 ETF comprises 0.6% of Cannon Capital Management Inc.’s portfolio, making the stock its 21st largest position.

Several other institutional investors have also recently bought and sold shares of the business. International Assets Investment Management LLC lifted its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 111.6% in the first quarter. International Assets Investment Management LLC now owns 1,481 shares of the company’s stock worth $54,000 after acquiring an additional 781 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the 1st quarter valued at approximately $43,000. Investment Research & Advisory Group Inc. bought a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the 3rd quarter valued at approximately $59,000. Latitude Advisors LLC bought a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the 3rd quarter valued at approximately $79,000. Finally, World Investment Advisors increased its position in Invesco NASDAQ Next Gen 100 ETF by 36.9% during the 1st quarter. World Investment Advisors now owns 8,562 shares of the company’s stock worth $310,000 after purchasing an additional 2,306 shares in the last quarter.

Invesco NASDAQ Next Gen 100 ETF Trading Up 0.4%

NASDAQ:QQQJ traded up $0.18 on Friday, hitting $42.57. The company had a trading volume of 157,153 shares, compared to its average volume of 172,523. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 22.27 and a beta of 1.14. The firm has a 50 day moving average of $44.34 and a two-hundred day moving average of $42.20. Invesco NASDAQ Next Gen 100 ETF has a 52 week low of $34.39 and a 52 week high of $46.94.

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.