Mystic Asset Management Inc. Buys New Position in Invesco NASDAQ Next Gen 100 ETF $QQQJ

Mystic Asset Management Inc. bought a new position in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 13,565 shares of the company’s stock, valued at approximately $595,000.

Other large investors also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 62.5% during the first quarter. Royal Bank of Canada now owns 125,398 shares of the company’s stock valued at $4,541,000 after buying an additional 48,220 shares during the last quarter. Retirement Financial Solutions LLC raised its position in Invesco NASDAQ Next Gen 100 ETF by 2.7% during the first quarter. Retirement Financial Solutions LLC now owns 455,769 shares of the company’s stock valued at $16,503,000 after acquiring an additional 11,845 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of Invesco NASDAQ Next Gen 100 ETF in the 1st quarter valued at $583,000. Systelligence LLC raised its position in shares of Invesco NASDAQ Next Gen 100 ETF by 21.2% in the first quarter. Systelligence LLC now owns 590,730 shares of the company’s stock worth $21,390,000 after acquiring an additional 103,260 shares during the period. Finally, Purus Wealth Management LLC purchased a new position in Invesco NASDAQ Next Gen 100 ETF during the third quarter worth approximately $6,396,000.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Shares of NASDAQ:QQQJ traded up $0.48 during midday trading on Thursday, reaching $44.16. 124,014 shares of the company’s stock traded hands, compared to its average volume of 173,010. The company has a market cap of $1.18 billion, a P/E ratio of 22.27 and a beta of 1.13. Invesco NASDAQ Next Gen 100 ETF has a 1 year low of $34.39 and a 1 year high of $46.94. The company has a fifty day simple moving average of $45.03 and a two-hundred day simple moving average of $43.42.

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.