Topsail Wealth Management LLC Makes New $93,000 Investment in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Topsail Wealth Management LLC bought a new stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,005 shares of the company’s stock, valued at approximately $93,000.

Several other hedge funds also recently made changes to their positions in QQQJ. Financial Life Planners bought a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth approximately $30,000. National Bank of Canada FI grew its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 304.3% in the fourth quarter. National Bank of Canada FI now owns 2,080 shares of the company’s stock worth $64,000 after acquiring an additional 3,098 shares during the last quarter. Modus Advisors LLC purchased a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the fourth quarter worth $87,000. SBI Securities Co. Ltd. purchased a new position in shares of Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth about $169,000. Finally, Finward Bancorp bought a new position in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth about $206,000.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Shares of NASDAQ QQQJ opened at $28.60 on Friday. The firm’s 50 day moving average price is $29.08 and its 200-day moving average price is $30.64. Invesco NASDAQ Next Gen 100 ETF has a 52-week low of $24.89 and a 52-week high of $32.99. The company has a market cap of $571.14 million, a PE ratio of 19.63 and a beta of 1.10.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.0454 per share. This is an increase from Invesco NASDAQ Next Gen 100 ETF’s previous dividend of $0.04. The ex-dividend date was Monday, March 24th.

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.