Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Sees Large Volume Increase – Here’s What Happened

Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) shares saw an uptick in trading volume on Friday . 114,746 shares traded hands during trading, a decline of 6% from the previous session’s volume of 122,130 shares.The stock last traded at $31.08 and had previously closed at $30.91.

Invesco NASDAQ Next Gen 100 ETF Price Performance

The stock’s fifty day simple moving average is $31.34 and its 200-day simple moving average is $29.70. The firm has a market cap of $664.02 million, a PE ratio of 21.16 and a beta of 1.10.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

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

Hedge Funds Weigh In On Invesco NASDAQ Next Gen 100 ETF

Several institutional investors and hedge funds have recently modified their holdings of QQQJ. Jane Street Group LLC purchased a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the 3rd quarter valued at approximately $23,579,000. LRI Investments LLC purchased a new position in Invesco NASDAQ Next Gen 100 ETF in the 3rd quarter valued at about $17,089,000. WealthCare Investment Partners LLC grew its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 3.3% during the third quarter. WealthCare Investment Partners LLC now owns 43,753 shares of the company’s stock worth $1,320,000 after buying an additional 1,391 shares in the last quarter. DMC Group LLC acquired a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the 3rd quarter worth approximately $514,000. Finally, MML Investors Services LLC boosted its holdings in Invesco NASDAQ Next Gen 100 ETF by 2.8% in the 3rd 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 during the last quarter.

Invesco NASDAQ Next Gen 100 ETF Company Profile

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.