Retirement Financial Solutions LLC Grows Stock Position in Invesco NASDAQ Next Gen 100 ETF $QQQJ

Retirement Financial Solutions LLC raised its position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 31.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 443,924 shares of the company’s stock after acquiring an additional 105,376 shares during the period. Invesco NASDAQ Next Gen 100 ETF comprises 4.8% of Retirement Financial Solutions LLC’s portfolio, making the stock its 10th biggest position. Retirement Financial Solutions LLC owned about 1.94% of Invesco NASDAQ Next Gen 100 ETF worth $16,359,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of QQQJ. Systelligence LLC bought a new stake in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter valued at approximately $17,963,000. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco NASDAQ Next Gen 100 ETF by 3,437.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 428,631 shares of the company’s stock valued at $15,795,000 after acquiring an additional 416,514 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Invesco NASDAQ Next Gen 100 ETF by 99.5% in the 4th quarter. Wells Fargo & Company MN now owns 294,519 shares of the company’s stock valued at $10,853,000 after acquiring an additional 146,855 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco NASDAQ Next Gen 100 ETF by 22.8% in the 4th quarter. LPL Financial LLC now owns 467,342 shares of the company’s stock valued at $17,222,000 after acquiring an additional 86,770 shares in the last quarter. Finally, UBS Group AG lifted its stake in Invesco NASDAQ Next Gen 100 ETF by 116.3% in the 4th quarter. UBS Group AG now owns 106,391 shares of the company’s stock valued at $3,921,000 after acquiring an additional 57,195 shares in the last quarter.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

NASDAQ QQQJ opened at $44.18 on Monday. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 22.27 and a beta of 1.13. The stock’s 50 day moving average price is $41.55 and its two-hundred day moving average price is $39.02. Invesco NASDAQ Next Gen 100 ETF has a 52 week low of $30.84 and a 52 week high of $45.73.

Invesco NASDAQ Next Gen 100 ETF Cuts Dividend

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

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.