Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Shares Sold by Raymond James & Associates

Raymond James & Associates decreased its position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 24.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,391 shares of the company’s stock after selling 20,495 shares during the quarter. Raymond James & Associates owned 0.26% of Invesco NASDAQ Next Gen 100 ETF worth $1,738,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Trilogy Capital Inc. acquired a new stake in Invesco NASDAQ Next Gen 100 ETF in the fourth quarter valued at approximately $2,969,000. Cornerstone Wealth Management LLC raised its holdings in Invesco NASDAQ Next Gen 100 ETF by 5.2% during the fourth quarter. Cornerstone Wealth Management LLC now owns 23,303 shares of the company’s stock worth $629,000 after purchasing an additional 1,152 shares in the last quarter. Modus Advisors LLC acquired a new stake in Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth approximately $229,000. Integrated Wealth Concepts LLC raised its holdings in Invesco NASDAQ Next Gen 100 ETF by 2.4% during the third quarter. Integrated Wealth Concepts LLC now owns 31,324 shares of the company’s stock worth $772,000 after purchasing an additional 734 shares in the last quarter. Finally, Mystic Asset Management Inc. grew its position in shares of Invesco NASDAQ Next Gen 100 ETF by 4.4% during the third quarter. Mystic Asset Management Inc. now owns 17,875 shares of the company’s stock worth $440,000 after acquiring an additional 758 shares during the last quarter.

Invesco NASDAQ Next Gen 100 ETF Trading Down 0.7 %

Shares of QQQJ opened at $27.08 on Thursday. The firm has a market cap of $663.73 million, a PE ratio of 18.07 and a beta of 1.10. The company’s 50 day simple moving average is $28.23 and its 200-day simple moving average is $26.36. Invesco NASDAQ Next Gen 100 ETF has a 12-month low of $22.66 and a 12-month high of $29.29.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a $0.0683 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.27 annualized dividend and a dividend yield of 1.01%.

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.