Advantage Trust Co Takes Position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Advantage Trust Co purchased a new stake in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,900 shares of the company’s stock, valued at approximately $78,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC boosted its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 8.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 14,896 shares of the company’s stock valued at $367,000 after acquiring an additional 1,127 shares during the last quarter. Mystic Asset Management Inc. lifted its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 4.4% during the 3rd quarter. Mystic Asset Management Inc. now owns 17,875 shares of the company’s stock valued at $440,000 after buying an additional 758 shares during the period. Modus Advisors LLC purchased a new position in shares of Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth $229,000. Cornerstone Wealth Management LLC grew its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 5.2% in the fourth quarter. Cornerstone Wealth Management LLC now owns 23,303 shares of the company’s stock worth $629,000 after acquiring an additional 1,152 shares during the period. Finally, Trilogy Capital Inc. purchased a new stake in Invesco NASDAQ Next Gen 100 ETF during the fourth quarter valued at $2,969,000.

Invesco NASDAQ Next Gen 100 ETF Stock Up 0.7 %

QQQJ traded up $0.18 during trading on Thursday, hitting $27.81. The company’s stock had a trading volume of 54,518 shares, compared to its average volume of 131,561. The firm has a market cap of $673.84 million, a PE ratio of 20.46 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a one year low of $22.66 and a one year high of $29.29. The business’s 50 day simple moving average is $28.09 and its 200-day simple moving average is $26.67.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

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

Invesco NASDAQ Next Gen 100 ETF Company 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.