Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Hits New 1-Year High – What’s Next?

Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $46.17 and last traded at $46.15, with a volume of 111491 shares changing hands. The stock had previously closed at $45.18.

Invesco NASDAQ Next Gen 100 ETF Stock Up 2.1%

The company has a market capitalization of $1.17 billion, a P/E ratio of 22.27 and a beta of 1.12. The business has a fifty day moving average price of $44.55 and a 200 day moving average price of $40.96.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.0091 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 22nd.

Hedge Funds Weigh In On Invesco NASDAQ Next Gen 100 ETF

Large investors have recently bought and sold shares of the company. US Bancorp DE bought a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the third quarter worth $25,000. International Assets Investment Management LLC bought a new position in Invesco NASDAQ Next Gen 100 ETF in the fourth quarter valued at $26,000. PNC Financial Services Group Inc. increased its stake in Invesco NASDAQ Next Gen 100 ETF by 178.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 781 shares of the company’s stock valued at $29,000 after buying an additional 501 shares during the last quarter. Allworth Financial LP increased its stake in Invesco NASDAQ Next Gen 100 ETF by 183.3% in the 4th quarter. Allworth Financial LP now owns 850 shares of the company’s stock valued at $31,000 after buying an additional 550 shares during the last quarter. Finally, Comerica Bank acquired a new stake in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter valued at $43,000.

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.