Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Sets New 12-Month High – What’s Next?

Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)’s stock price reached a new 52-week high on Monday . The stock traded as high as $37.93 and last traded at $37.89, with a volume of 128206 shares trading hands. The stock had previously closed at $37.51.

Invesco NASDAQ Next Gen 100 ETF Price Performance

The stock has a market capitalization of $814.21 million, a PE ratio of 22.27 and a beta of 1.13. The stock’s fifty day moving average is $36.69 and its 200-day moving average is $35.10.

Invesco NASDAQ Next Gen 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.0665 per share. The ex-dividend date was Monday, December 22nd. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.7%.

Institutional Trading of Invesco NASDAQ Next Gen 100 ETF

Institutional investors have recently bought and sold shares of the business. CIBC Bancorp USA Inc. purchased a new stake in Invesco NASDAQ Next Gen 100 ETF in the 3rd quarter worth $323,000. Centaurus Financial Inc. grew its position in shares of Invesco NASDAQ Next Gen 100 ETF by 7.6% in the third quarter. Centaurus Financial Inc. now owns 7,126 shares of the company’s stock valued at $255,000 after purchasing an additional 504 shares during the period. NewEdge Advisors LLC increased its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 9.9% during the third quarter. NewEdge Advisors LLC now owns 23,229 shares of the company’s stock worth $831,000 after purchasing an additional 2,096 shares in the last quarter. Focus Partners Wealth raised its position in shares of Invesco NASDAQ Next Gen 100 ETF by 123.5% during the 3rd quarter. Focus Partners Wealth now owns 22,752 shares of the company’s stock worth $814,000 after purchasing an additional 12,573 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Invesco NASDAQ Next Gen 100 ETF by 67.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 123,684 shares of the company’s stock worth $4,427,000 after purchasing an additional 49,981 shares during the last quarter.

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.