Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Sees Strong Trading Volume

Shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) saw an uptick in trading volume on Thursday . 45,998 shares changed hands during mid-day trading, a decline of 67% from the previous session’s volume of 140,716 shares.The stock last traded at $28.24 and had previously closed at $28.23.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

The firm has a market cap of $680.90 million, a P/E ratio of 18.07 and a beta of 1.10. The business’s 50-day simple moving average is $28.21 and its 200 day simple moving average is $26.29.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.0683 dividend. This represents a $0.27 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend was Monday, March 18th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Roble Belko & Company Inc increased its position in shares of Invesco NASDAQ Next Gen 100 ETF by 25.7% during the 1st quarter. Roble Belko & Company Inc now owns 4,711 shares of the company’s stock valued at $136,000 after purchasing an additional 963 shares during the last quarter. Banque Cantonale Vaudoise grew its position in Invesco NASDAQ Next Gen 100 ETF by 63.6% during the first quarter. Banque Cantonale Vaudoise now owns 7,720 shares of the company’s stock valued at $224,000 after buying an additional 3,000 shares during the period. Fisher Asset Management LLC purchased a new stake in Invesco NASDAQ Next Gen 100 ETF during the fourth quarter valued at approximately $202,000. Gerber LLC bought a new position in Invesco NASDAQ Next Gen 100 ETF in the fourth quarter worth approximately $870,000. Finally, Centaurus Financial Inc. boosted its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 5.9% during the 4th quarter. Centaurus Financial Inc. now owns 6,996 shares of the company’s stock worth $189,000 after acquiring an additional 391 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.