Retirement Financial Solutions LLC Invests $12.12 Million in Invesco NASDAQ Next Gen 100 ETF $QQQJ

Retirement Financial Solutions LLC acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 338,548 shares of the company’s stock, valued at approximately $12,117,000. Invesco NASDAQ Next Gen 100 ETF makes up about 7.4% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 5th largest position.

Other large investors also recently bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new stake in Invesco NASDAQ Next Gen 100 ETF during the second quarter worth $123,000. Flagship Harbor Advisors LLC bought a new position in shares of Invesco NASDAQ Next Gen 100 ETF in the 2nd quarter worth $204,000. JPMorgan Chase & Co. raised its position in shares of Invesco NASDAQ Next Gen 100 ETF by 11.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,407 shares of the company’s stock worth $205,000 after acquiring an additional 636 shares in the last quarter. Truist Financial Corp bought a new stake in Invesco NASDAQ Next Gen 100 ETF during the second quarter valued at about $225,000. Finally, Stratos Wealth Partners LTD. purchased a new position in Invesco NASDAQ Next Gen 100 ETF in the second quarter valued at about $237,000.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Shares of Invesco NASDAQ Next Gen 100 ETF stock opened at $37.51 on Monday. The company has a market capitalization of $806.47 million, a PE ratio of 22.27 and a beta of 1.13. The company has a 50-day simple moving average of $36.69 and a two-hundred day simple moving average of $35.10. Invesco NASDAQ Next Gen 100 ETF has a one year low of $24.89 and a one year high of $37.89.

Invesco NASDAQ Next Gen 100 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $0.0665 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.7%.

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.