Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Sees Unusually-High Trading Volume – What’s Next?

Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) shares saw an uptick in trading volume on Friday . 135,521 shares traded hands during trading, an increase of 35% from the previous session’s volume of 100,060 shares.The stock last traded at $29.35 and had previously closed at $28.64.

Invesco NASDAQ Next Gen 100 ETF Stock Up 2.9 %

The company has a market capitalization of $619.29 million, a price-to-earnings ratio of 21.83 and a beta of 1.10. The company’s fifty day simple moving average is $31.57 and its two-hundred day simple moving average is $30.89.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

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

Hedge Funds Weigh In On Invesco NASDAQ Next Gen 100 ETF

Large investors have recently modified their holdings of the business. Novem Group acquired a new position in Invesco NASDAQ Next Gen 100 ETF during the fourth quarter valued at approximately $2,013,000. Focus Partners Wealth bought a new stake in Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth $343,000. Bank of America Corp DE increased its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 0.5% during the 4th quarter. Bank of America Corp DE now owns 227,855 shares of the company’s stock worth $7,036,000 after purchasing an additional 1,140 shares during the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 221.4% in the 4th quarter. Aptus Capital Advisors LLC now owns 1,877 shares of the company’s stock valued at $58,000 after purchasing an additional 1,293 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its stake in Invesco NASDAQ Next Gen 100 ETF by 111.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 22,742 shares of the company’s stock valued at $702,000 after purchasing an additional 12,006 shares during the last quarter.

Invesco NASDAQ Next Gen 100 ETF Company 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.