Retirement Financial Solutions LLC Has $16.50 Million Stake in Invesco NASDAQ Next Gen 100 ETF $QQQJ

Retirement Financial Solutions LLC lifted its holdings in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 2.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 455,769 shares of the company’s stock after purchasing an additional 11,845 shares during the period. Invesco NASDAQ Next Gen 100 ETF accounts for 4.7% of Retirement Financial Solutions LLC’s holdings, making the stock its 6th biggest holding. Retirement Financial Solutions LLC owned about 1.90% of Invesco NASDAQ Next Gen 100 ETF worth $16,503,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Aventura Private Wealth LLC acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth $26,000. International Assets Investment Management LLC acquired a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth approximately $26,000. US Bancorp DE acquired a new position in Invesco NASDAQ Next Gen 100 ETF during the third quarter worth $25,000. Realta Investment Advisors acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth about $29,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 178.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 781 shares of the company’s stock worth $29,000 after purchasing an additional 501 shares during the last quarter.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Shares of NASDAQ:QQQJ opened at $45.42 on Friday. The stock’s fifty day simple moving average is $43.24 and its two-hundred day simple moving average is $39.83. Invesco NASDAQ Next Gen 100 ETF has a 1-year low of $31.86 and a 1-year high of $46.17. The stock has a market cap of $1.14 billion, a PE ratio of 22.27 and a beta of 1.12.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.0091 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.04 annualized dividend and a dividend yield of 0.1%.

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.