Modus Advisors LLC Invests $87,000 in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Modus Advisors LLC acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 2,805 shares of the company’s stock, valued at approximately $87,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Goodman Advisory Group LLC lifted its position in Invesco NASDAQ Next Gen 100 ETF by 114.6% during the second quarter. Goodman Advisory Group LLC now owns 1,369 shares of the company’s stock valued at $38,000 after purchasing an additional 731 shares during the last quarter. Chris Bulman Inc bought a new stake in Invesco NASDAQ Next Gen 100 ETF in the 2nd quarter worth approximately $68,000. Denver PWM LLC purchased a new stake in Invesco NASDAQ Next Gen 100 ETF in the second quarter worth approximately $84,000. FMR LLC grew its position in Invesco NASDAQ Next Gen 100 ETF by 60.9% during the third quarter. FMR LLC now owns 6,843 shares of the company’s stock valued at $208,000 after acquiring an additional 2,591 shares during the last quarter. Finally, Purus Wealth Management LLC purchased a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the second quarter worth approximately $266,000.

Invesco NASDAQ Next Gen 100 ETF Trading Up 0.6 %

Shares of QQQJ traded up $0.20 during mid-day trading on Friday, reaching $31.11. The company’s stock had a trading volume of 237,404 shares, compared to its average volume of 123,942. Invesco NASDAQ Next Gen 100 ETF has a 52 week low of $25.60 and a 52 week high of $32.95. The stock has a market cap of $662.95 million, a PE ratio of 21.16 and a beta of 1.10. The company’s fifty day moving average price is $31.34 and its two-hundred day moving average price is $29.70.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0353 per share. The ex-dividend date was Monday, December 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.