Advantage Trust Co Acquires New Stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Advantage Trust Co bought a new stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) in the 4th quarter, Holdings Channel reports. The institutional investor bought 2,900 shares of the company’s stock, valued at approximately $78,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter valued at about $5,555,000. Trilogy Capital Inc. acquired a new position in Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth approximately $2,969,000. Essex Financial Services Inc. raised its stake in Invesco NASDAQ Next Gen 100 ETF by 10.1% during the fourth quarter. Essex Financial Services Inc. now owns 77,321 shares of the company’s stock worth $2,087,000 after purchasing an additional 7,071 shares during the period. SteelPeak Wealth LLC boosted its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 268.6% in the 4th quarter. SteelPeak Wealth LLC now owns 44,237 shares of the company’s stock valued at $1,194,000 after purchasing an additional 32,237 shares during the last quarter. Finally, WealthCare Investment Partners LLC grew its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 3.7% during the 4th quarter. WealthCare Investment Partners LLC now owns 38,019 shares of the company’s stock valued at $1,008,000 after buying an additional 1,353 shares during the period.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Shares of QQQJ traded up $0.18 during trading hours on Thursday, hitting $27.81. The stock had a trading volume of 54,518 shares, compared to its average volume of 131,561. Invesco NASDAQ Next Gen 100 ETF has a 12-month low of $22.66 and a 12-month high of $29.29. The firm has a market cap of $673.84 million, a P/E ratio of 20.46 and a beta of 1.10. The company’s fifty day simple moving average is $28.09 and its 200 day simple moving average is $26.67.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.0683 dividend. This represents a $0.27 annualized dividend and a dividend yield of 0.98%. The ex-dividend date was Monday, March 18th.

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.