Private Advisor Group LLC Sells 828 Shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Private Advisor Group LLC reduced its holdings in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 6.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,698 shares of the company’s stock after selling 828 shares during the quarter. Private Advisor Group LLC owned approximately 0.05% of Invesco NASDAQ Next Gen 100 ETF worth $355,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Raymond James Financial Services Advisors Inc. lifted its holdings in Invesco NASDAQ Next Gen 100 ETF by 1.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,368,026 shares of the company’s stock worth $38,127,000 after purchasing an additional 21,719 shares during the last quarter. Denver PWM LLC acquired a new stake in Invesco NASDAQ Next Gen 100 ETF during the 2nd quarter worth approximately $84,000. SteelPeak Wealth LLC acquired a new stake in Invesco NASDAQ Next Gen 100 ETF during the 2nd quarter worth approximately $1,767,000. Cornerstone Wealth Management LLC lifted its holdings in Invesco NASDAQ Next Gen 100 ETF by 7.7% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 26,808 shares of the company’s stock worth $747,000 after purchasing an additional 1,906 shares during the last quarter. Finally, Goodman Advisory Group LLC raised its holdings in Invesco NASDAQ Next Gen 100 ETF by 114.6% in the 2nd quarter. Goodman Advisory Group LLC now owns 1,369 shares of the company’s stock valued at $38,000 after acquiring an additional 731 shares in the last quarter.

Invesco NASDAQ Next Gen 100 ETF Price Performance

Shares of NASDAQ QQQJ opened at $30.08 on Wednesday. Invesco NASDAQ Next Gen 100 ETF has a fifty-two week low of $23.49 and a fifty-two week high of $30.73. The stock has a market capitalization of $647.02 million, a PE ratio of 21.16 and a beta of 1.10. The business has a fifty day moving average price of $29.67 and a two-hundred day moving average price of $28.55.

Invesco NASDAQ Next Gen 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.046 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.61%.

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.