Western Wealth Management LLC Invests $583,000 in Invesco NASDAQ Next Gen 100 ETF $QQQJ

Western Wealth Management LLC bought a new position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) during the first quarter, according to its most recent filing with the SEC. The firm bought 16,109 shares of the company’s stock, valued at approximately $583,000. Western Wealth Management LLC owned approximately 0.07% of Invesco NASDAQ Next Gen 100 ETF as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. US Bancorp DE bought a new stake in Invesco NASDAQ Next Gen 100 ETF during the 3rd quarter valued at $25,000. International Assets Investment Management LLC bought a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth about $26,000. Realta Investment Advisors bought a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth about $29,000. PNC Financial Services Group Inc. raised its holdings in shares of 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 worth $29,000 after acquiring an additional 501 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in shares of 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 worth $31,000 after acquiring an additional 550 shares during the last quarter.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Shares of NASDAQ QQQJ opened at $44.61 on Tuesday. Invesco NASDAQ Next Gen 100 ETF has a fifty-two week low of $32.97 and a fifty-two week high of $46.17. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 22.27 and a beta of 1.12. The firm’s 50-day simple moving average is $44.47 and its 200 day simple moving average is $40.82.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

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

Invesco NASDAQ Next Gen 100 ETF 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.