SteelPeak Wealth LLC Invests $2.65 Million in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

SteelPeak Wealth LLC acquired a new position in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) in the fourth quarter, Holdings Channel.com reports. The fund acquired 85,905 shares of the company’s stock, valued at approximately $2,653,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. MML Investors Services LLC raised its position in Invesco NASDAQ Next Gen 100 ETF by 2.8% during the third quarter. MML Investors Services LLC now owns 14,525 shares of the company’s stock valued at $441,000 after purchasing an additional 394 shares in the last quarter. WealthCare Investment Partners LLC increased its position in shares of Invesco NASDAQ Next Gen 100 ETF by 3.3% during the 3rd quarter. WealthCare Investment Partners LLC now owns 43,753 shares of the company’s stock valued at $1,320,000 after purchasing an additional 1,391 shares during the last quarter. Cornerstone Wealth Management LLC raised its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 6.4% during the 4th quarter. Cornerstone Wealth Management LLC now owns 28,774 shares of the company’s stock valued at $889,000 after buying an additional 1,727 shares in the last quarter. FMR LLC lifted its position in Invesco NASDAQ Next Gen 100 ETF by 60.9% in the 3rd quarter. FMR LLC now owns 6,843 shares of the company’s stock worth $208,000 after buying an additional 2,591 shares during the last quarter. Finally, Modus Advisors LLC bought a new stake in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth approximately $87,000.

Invesco NASDAQ Next Gen 100 ETF Price Performance

Shares of NASDAQ QQQJ opened at $32.36 on Wednesday. The stock has a market capitalization of $681.18 million, a P/E ratio of 21.16 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a one year low of $26.23 and a one year high of $32.95. The firm’s 50 day simple moving average is $31.77 and its two-hundred day simple moving average is $30.20.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.0353 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.