McKinley Carter Wealth Services Inc. Sells 7,196 Shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

McKinley Carter Wealth Services Inc. lessened its stake in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 16.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 36,919 shares of the company’s stock after selling 7,196 shares during the period. McKinley Carter Wealth Services Inc. owned 0.17% of Invesco NASDAQ Next Gen 100 ETF worth $1,121,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. WealthCare Investment Partners LLC boosted its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 3.3% in the third quarter. WealthCare Investment Partners LLC now owns 43,753 shares of the company’s stock worth $1,320,000 after acquiring an additional 1,391 shares during the period. Granite Bay Wealth Management LLC bought a new position in shares of Invesco NASDAQ Next Gen 100 ETF in the third quarter worth about $387,000. Goodman Advisory Group LLC boosted its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 114.6% in the second quarter. Goodman Advisory Group LLC now owns 1,369 shares of the company’s stock worth $38,000 after acquiring an additional 731 shares during the period. Purus Wealth Management LLC bought a new position in shares of Invesco NASDAQ Next Gen 100 ETF in the second quarter worth about $266,000. Finally, Chris Bulman Inc bought a new position in shares of Invesco NASDAQ Next Gen 100 ETF in the second quarter worth about $68,000.

Invesco NASDAQ Next Gen 100 ETF Stock Up 0.6 %

NASDAQ QQQJ opened at $30.54 on Thursday. The firm has a market cap of $681.04 million, a price-to-earnings ratio of 21.16 and a beta of 1.10. The business has a 50-day moving average price of $29.22 and a 200-day moving average price of $28.36. Invesco NASDAQ Next Gen 100 ETF has a twelve month low of $22.66 and a twelve month high of $30.73.

Invesco NASDAQ Next Gen 100 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.046 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend was Monday, September 23rd.

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.