Essex Financial Services Inc. Decreases Holdings in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Essex Financial Services Inc. lowered its stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,061 shares of the company’s stock after selling 1,388 shares during the period. Essex Financial Services Inc.’s holdings in Invesco NASDAQ Next Gen 100 ETF were worth $2,627,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the third quarter valued at $23,579,000. LRI Investments LLC bought a new position in Invesco NASDAQ Next Gen 100 ETF during the 3rd quarter valued at about $17,089,000. Trilogy Capital Inc. purchased a new stake in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth about $5,357,000. Wealthcare Advisory Partners LLC raised its position in Invesco NASDAQ Next Gen 100 ETF by 2.7% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 132,993 shares of the company’s stock worth $4,107,000 after purchasing an additional 3,445 shares during the period. Finally, Purus Wealth Management LLC lifted its stake in Invesco NASDAQ Next Gen 100 ETF by 553.5% in the fourth quarter. Purus Wealth Management LLC now owns 89,251 shares of the company’s stock worth $2,756,000 after purchasing an additional 75,594 shares during the last quarter.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

QQQJ opened at $32.49 on Tuesday. The stock’s 50 day moving average price is $31.86 and its 200-day moving average price is $30.43. Invesco NASDAQ Next Gen 100 ETF has a one year low of $26.23 and a one year high of $32.95. The stock has a market cap of $682.94 million, a price-to-earnings ratio of 21.16 and a beta of 1.10.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.0353 dividend. The ex-dividend date of this dividend 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.