Brookstone Capital Management Raises Stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Brookstone Capital Management boosted its stake in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 92.9% in the 4th quarter, Holdings Channel reports. The firm owned 30,030 shares of the company’s stock after acquiring an additional 14,459 shares during the quarter. Brookstone Capital Management’s holdings in Invesco NASDAQ Next Gen 100 ETF were worth $927,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. MML Investors Services LLC grew its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 2.8% during the third quarter. MML Investors Services LLC now owns 14,525 shares of the company’s stock worth $441,000 after purchasing an additional 394 shares in the last quarter. Goodman Advisory Group LLC lifted its position in Invesco NASDAQ Next Gen 100 ETF by 114.6% during the second quarter. Goodman Advisory Group LLC now owns 1,369 shares of the company’s stock valued at $38,000 after purchasing an additional 731 shares during the last quarter. WealthCare Investment Partners LLC lifted its position in Invesco NASDAQ Next Gen 100 ETF by 3.3% during the third quarter. WealthCare Investment Partners LLC now owns 43,753 shares of the company’s stock valued at $1,320,000 after purchasing an additional 1,391 shares during the last quarter. FMR LLC grew its stake in Invesco NASDAQ Next Gen 100 ETF by 60.9% in the 3rd quarter. FMR LLC now owns 6,843 shares of the company’s stock worth $208,000 after buying an additional 2,591 shares in the last quarter. Finally, Modus Advisors LLC bought a new position in shares of Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth $87,000.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Invesco NASDAQ Next Gen 100 ETF stock opened at $31.71 on Friday. Invesco NASDAQ Next Gen 100 ETF has a fifty-two week low of $25.60 and a fifty-two week high of $32.95. The stock has a market cap of $666.86 million, a P/E ratio of 21.16 and a beta of 1.10. The firm’s fifty day moving average price is $31.60 and its 200-day moving average price is $29.93.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0353 per share. The ex-dividend date was Monday, December 23rd.

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.