Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC cut its stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 20.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,353 shares of the company’s stock after selling 9,266 shares during the period. Wealthfront Advisers LLC owned 0.17% of Invesco NASDAQ Next Gen 100 ETF worth $1,123,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in QQQJ. Raymond James Financial Inc. acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth $40,940,000. Jane Street Group LLC acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the third quarter worth $23,579,000. LRI Investments LLC acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the third quarter worth $17,089,000. Trilogy Capital Inc. acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth $5,357,000. Finally, SteelPeak Wealth LLC acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth $2,653,000.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Invesco NASDAQ Next Gen 100 ETF stock opened at $29.47 on Friday. The company has a 50-day simple moving average of $31.53 and a 200-day simple moving average of $30.91. The firm has a market capitalization of $619.46 million, a P/E ratio of 21.83 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a one year low of $26.23 and a one year high of $32.99.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0353 per share. The ex-dividend date was Monday, December 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.