16,916 Shares in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Purchased by DMC Group LLC

DMC Group LLC bought a new stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 16,916 shares of the company’s stock, valued at approximately $514,000. DMC Group LLC owned about 0.08% of Invesco NASDAQ Next Gen 100 ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Raymond James Financial Services Advisors Inc. lifted its holdings in Invesco NASDAQ Next Gen 100 ETF by 1.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,368,026 shares of the company’s stock valued at $38,127,000 after acquiring an additional 21,719 shares during the last quarter. Denver PWM LLC purchased a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the 2nd quarter worth $84,000. SteelPeak Wealth LLC purchased a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the 2nd quarter worth $1,767,000. Cornerstone Wealth Management LLC raised its holdings in Invesco NASDAQ Next Gen 100 ETF by 7.7% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 26,808 shares of the company’s stock valued at $747,000 after buying an additional 1,906 shares during the period. 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 buying an additional 731 shares during the period.

Invesco NASDAQ Next Gen 100 ETF Price Performance

Shares of QQQJ stock opened at $30.61 on Friday. Invesco NASDAQ Next Gen 100 ETF has a 1-year low of $22.66 and a 1-year high of $30.73. The firm has a market cap of $682.60 million, a PE ratio of 21.16 and a beta of 1.10. The company has a 50-day moving average of $29.34 and a two-hundred day moving average of $28.39.

Invesco NASDAQ Next Gen 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.046 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.18 annualized dividend and a yield of 0.60%.

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.