Mercer Global Advisors Inc. ADV Purchases 12,006 Shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Mercer Global Advisors Inc. ADV boosted its position in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 111.8% during the 4th quarter, HoldingsChannel reports. The fund owned 22,742 shares of the company’s stock after buying an additional 12,006 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Invesco NASDAQ Next Gen 100 ETF were worth $702,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQJ. Raymond James Financial Inc. bought a new position in Invesco NASDAQ Next Gen 100 ETF during the fourth quarter valued at about $40,940,000. Trilogy Capital Inc. bought a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the 4th quarter valued at approximately $5,357,000. SteelPeak Wealth LLC bought a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the 4th quarter valued at approximately $2,653,000. Wick Capital Partners LLC grew its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 788.0% in the 4th quarter. Wick Capital Partners LLC now owns 88,934 shares of the company’s stock valued at $2,746,000 after purchasing an additional 78,919 shares during the period. Finally, Purus Wealth Management LLC grew its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 553.5% in the 4th quarter. Purus Wealth Management LLC now owns 89,251 shares of the company’s stock valued at $2,756,000 after purchasing an additional 75,594 shares during the period.

Invesco NASDAQ Next Gen 100 ETF Trading Down 0.6%

QQQJ stock opened at $29.61 on Monday. Invesco NASDAQ Next Gen 100 ETF has a 1-year low of $24.89 and a 1-year high of $32.99. The firm has a market cap of $590.42 million, a P/E ratio of 20.41 and a beta of 1.10. The business’s 50 day moving average is $28.65 and its 200-day moving average is $30.57.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

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

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.