Congress Park Capital LLC Invests $265,000 in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Congress Park Capital LLC acquired a new position in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 9,166 shares of the company’s stock, valued at approximately $265,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QQQJ. Centaurus Financial Inc. increased its position in shares of Invesco NASDAQ Next Gen 100 ETF by 5.9% during the fourth quarter. Centaurus Financial Inc. now owns 6,996 shares of the company’s stock valued at $189,000 after acquiring an additional 391 shares during the last quarter. Avantax Advisory Services Inc. lifted its position in shares of Invesco NASDAQ Next Gen 100 ETF by 0.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 66,105 shares of the company’s stock worth $1,784,000 after buying an additional 520 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Invesco NASDAQ Next Gen 100 ETF by 5.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 12,281 shares of the company’s stock worth $331,000 after buying an additional 660 shares during the last quarter. Roble Belko & Company Inc lifted its position in shares of Invesco NASDAQ Next Gen 100 ETF by 25.7% during the 1st quarter. Roble Belko & Company Inc now owns 4,711 shares of the company’s stock worth $136,000 after buying an additional 963 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its position in shares of Invesco NASDAQ Next Gen 100 ETF by 8.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 14,896 shares of the company’s stock worth $367,000 after buying an additional 1,127 shares during the last quarter.

Invesco NASDAQ Next Gen 100 ETF Price Performance

Shares of NASDAQ:QQQJ traded down $0.07 during trading on Friday, hitting $27.93. 66,327 shares of the company were exchanged, compared to its average volume of 118,813. The stock has a market capitalization of $676.74 million, a P/E ratio of 21.16 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a 12-month low of $22.66 and a 12-month high of $29.29. The firm’s 50 day moving average price is $27.74 and its 200-day moving average price is $27.55.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 24th will be given a dividend of $0.0867 per share. This represents a $0.35 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Monday, June 24th. This is an increase from Invesco NASDAQ Next Gen 100 ETF’s previous quarterly dividend of $0.07.

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.