Invesco NASDAQ Next Gen 100 ETF $QQQJ Shares Newly Acquired by Novem Group

Novem Group purchased a new position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 60,650 shares of the company’s stock, valued at approximately $2,660,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Investment Research & Advisory Group Inc. acquired a new position in Invesco NASDAQ Next Gen 100 ETF during the third quarter worth about $59,000. IFP Advisors Inc purchased a new stake in Invesco NASDAQ Next Gen 100 ETF during the 3rd quarter valued at about $703,000. McKinley Carter Wealth Services Inc. acquired a new stake in Invesco NASDAQ Next Gen 100 ETF in the 3rd quarter valued at about $1,467,000. TD Waterhouse Canada Inc. acquired a new stake in Invesco NASDAQ Next Gen 100 ETF in the 3rd quarter valued at about $377,000. Finally, Retirement Planning Co of New England Inc. acquired a new stake in Invesco NASDAQ Next Gen 100 ETF in the 3rd quarter valued at about $286,000.

Invesco NASDAQ Next Gen 100 ETF Stock Up 0.5%

QQQJ traded up $0.23 during trading on Monday, reaching $43.55. The company’s stock had a trading volume of 86,433 shares, compared to its average volume of 172,824. The firm has a fifty day simple moving average of $44.96 and a two-hundred day simple moving average of $43.54. 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 market cap of $1.16 billion, a price-to-earnings ratio of 22.27 and a beta of 1.13.

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.