Apexium Financial LP Reduces Position in Invesco NASDAQ Next Gen 100 ETF $QQQJ

Apexium Financial LP cut its position in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 4.9% in the second quarter, Holdings Channel.com reports. The firm owned 22,490 shares of the company’s stock after selling 1,165 shares during the quarter. Apexium Financial LP’s holdings in Invesco NASDAQ Next Gen 100 ETF were worth $719,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in QQQJ. Jones Financial Companies Lllp boosted its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 26.7% during the 1st quarter. Jones Financial Companies Lllp now owns 112,860 shares of the company’s stock worth $2,999,000 after purchasing an additional 23,758 shares during the period. Texas Yale Capital Corp. boosted its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 146.5% during the 1st quarter. Texas Yale Capital Corp. now owns 37,440 shares of the company’s stock worth $1,086,000 after purchasing an additional 22,250 shares during the period. Wealthfront Advisers LLC boosted its position in Invesco NASDAQ Next Gen 100 ETF by 31.5% in the 1st quarter. Wealthfront Advisers LLC now owns 68,035 shares of the company’s stock valued at $1,974,000 after buying an additional 16,286 shares during the period. Goldstone Financial Group LLC boosted its position in Invesco NASDAQ Next Gen 100 ETF by 76.4% in the 1st quarter. Goldstone Financial Group LLC now owns 18,828 shares of the company’s stock valued at $546,000 after buying an additional 8,152 shares during the period. Finally, Truist Financial Corp purchased a new stake in Invesco NASDAQ Next Gen 100 ETF in the 2nd quarter valued at about $225,000.

Invesco NASDAQ Next Gen 100 ETF Price Performance

Invesco NASDAQ Next Gen 100 ETF stock opened at $36.42 on Friday. The stock has a market cap of $702.91 million, a price-to-earnings ratio of 22.27 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a 1 year low of $24.89 and a 1 year high of $36.68. The firm has a 50-day moving average of $34.75 and a two-hundred day moving average of $31.84.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were given a $0.1145 dividend. This is a positive change from Invesco NASDAQ Next Gen 100 ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $0.46 annualized dividend and a yield of 1.3%.

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.