Western Wealth Management LLC Acquires Shares of 16,109 Invesco NASDAQ Next Gen 100 ETF $QQQJ

Western Wealth Management LLC acquired a new position in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) during the first quarter, Holdings Channel reports. The fund acquired 16,109 shares of the company’s stock, valued at approximately $583,000.

Several other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the fourth quarter valued at about $26,000. US Bancorp DE bought a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the 3rd quarter worth approximately $25,000. Realta Investment Advisors bought a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the 4th quarter worth approximately $29,000. PNC Financial Services Group Inc. boosted its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 178.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 781 shares of the company’s stock worth $29,000 after buying an additional 501 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 183.3% in the fourth quarter. Allworth Financial LP now owns 850 shares of the company’s stock valued at $31,000 after acquiring an additional 550 shares in the last quarter.

Invesco NASDAQ Next Gen 100 ETF Trading Up 1.5%

Shares of QQQJ opened at $44.61 on Tuesday. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 22.27 and a beta of 1.12. The stock has a 50 day moving average of $44.47 and a 200 day moving average of $40.82. Invesco NASDAQ Next Gen 100 ETF has a 12 month low of $32.97 and a 12 month high of $46.17.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.0091 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, June 22nd.

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.