Ellerson Group Inc. ADV Makes New $1.01 Million Investment in Invesco NASDAQ Next Gen 100 ETF $QQQJ

Ellerson Group Inc. ADV acquired a new stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 27,421 shares of the company’s stock, valued at approximately $1,010,000. Invesco NASDAQ Next Gen 100 ETF makes up approximately 0.7% of Ellerson Group Inc. ADV’s portfolio, making the stock its 29th biggest holding. Ellerson Group Inc. ADV owned about 0.12% of Invesco NASDAQ Next Gen 100 ETF as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the stock. WealthCare Investment Partners LLC raised its position in Invesco NASDAQ Next Gen 100 ETF by 1.3% in the 4th quarter. WealthCare Investment Partners LLC now owns 23,594 shares of the company’s stock worth $885,000 after purchasing an additional 294 shares during the last quarter. Invesco Ltd. raised its position in shares of Invesco NASDAQ Next Gen 100 ETF by 0.6% during the second quarter. Invesco Ltd. now owns 54,812 shares of the company’s stock worth $1,753,000 after acquiring an additional 300 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Invesco NASDAQ Next Gen 100 ETF by 178.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 781 shares of the company’s stock worth $29,000 after acquiring an additional 501 shares during the last quarter. Centaurus Financial Inc. lifted its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 7.6% during the third quarter. Centaurus Financial Inc. now owns 7,126 shares of the company’s stock valued at $255,000 after acquiring an additional 504 shares during the period. Finally, MML Investors Services LLC lifted its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 3.0% during the second quarter. MML Investors Services LLC now owns 17,425 shares of the company’s stock valued at $557,000 after acquiring an additional 509 shares during the period.

Invesco NASDAQ Next Gen 100 ETF Price Performance

Invesco NASDAQ Next Gen 100 ETF stock opened at $43.21 on Tuesday. The business’s 50-day simple moving average is $39.31 and its 200 day simple moving average is $38.20. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 22.27 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a 12-month low of $30.16 and a 12-month high of $43.30.

Invesco NASDAQ Next Gen 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.0551 dividend. This represents a $0.22 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, March 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.