Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Reaches New 1-Year High – Here’s What Happened

Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) reached a new 52-week high on Thursday . The company traded as high as $46.65 and last traded at $46.56, with a volume of 115044 shares traded. The stock had previously closed at $46.22.

Invesco NASDAQ Next Gen 100 ETF Price Performance

The firm has a market capitalization of $1.19 billion, a PE ratio of 22.27 and a beta of 1.12. The company has a fifty day moving average of $44.71 and a 200-day moving average of $41.25.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

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

Institutional Investors Weigh In On Invesco NASDAQ Next Gen 100 ETF

Several institutional investors have recently made changes to their positions in QQQJ. International Assets Investment Management LLC acquired a new position in Invesco NASDAQ Next Gen 100 ETF in the fourth quarter worth approximately $26,000. US Bancorp DE acquired a new stake in Invesco NASDAQ Next Gen 100 ETF in the third quarter valued at approximately $25,000. PNC Financial Services Group Inc. lifted its stake in Invesco NASDAQ Next Gen 100 ETF by 178.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 781 shares of the company’s stock valued at $29,000 after acquiring an additional 501 shares during the last quarter. Allworth Financial LP grew its position in Invesco NASDAQ Next Gen 100 ETF by 183.3% in the fourth quarter. Allworth Financial LP now owns 850 shares of the company’s stock worth $31,000 after acquiring an additional 550 shares in the last quarter. Finally, Comerica Bank acquired a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the 4th quarter worth $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.