WealthCare Investment Partners LLC Increases Stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

WealthCare Investment Partners LLC increased its position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 7.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 40,935 shares of the company’s stock after acquiring an additional 2,916 shares during the quarter. WealthCare Investment Partners LLC owned about 0.17% of Invesco NASDAQ Next Gen 100 ETF worth $1,183,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Tidemark LLC purchased a new stake in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth about $41,000. RIA Advisory Group LLC purchased a new stake in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth about $43,000. Advantage Trust Co purchased a new position in Invesco NASDAQ Next Gen 100 ETF during the 4th quarter valued at about $78,000. Roble Belko & Company Inc grew its holdings in Invesco NASDAQ Next Gen 100 ETF by 25.7% during the 1st quarter. Roble Belko & Company Inc now owns 4,711 shares of the company’s stock valued at $136,000 after buying an additional 963 shares in the last quarter. Finally, Centaurus Financial Inc. grew its holdings in Invesco NASDAQ Next Gen 100 ETF by 5.9% during the 4th quarter. Centaurus Financial Inc. now owns 6,996 shares of the company’s stock valued at $189,000 after buying an additional 391 shares in the last quarter.

Invesco NASDAQ Next Gen 100 ETF Price Performance

QQQJ stock traded up $0.03 during mid-day trading on Thursday, reaching $27.87. 35,069 shares of the company traded hands, compared to its average volume of 118,996. The company has a market capitalization of $675.29 million, a P/E ratio of 21.16 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a 52-week low of $22.66 and a 52-week high of $29.29. The company has a fifty day moving average price of $27.72 and a 200-day moving average price of $27.55.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 24th will be issued a dividend of $0.0867 per share. This represents a $0.35 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date is Monday, June 24th. This is a positive change from Invesco NASDAQ Next Gen 100 ETF’s previous quarterly dividend of $0.07.

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.