Erickson Financial Group LLC Trims Holdings in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Erickson Financial Group LLC cut its holdings in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 0.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 244,367 shares of the company’s stock after selling 809 shares during the period. Invesco NASDAQ Next Gen 100 ETF makes up 5.4% of Erickson Financial Group LLC’s portfolio, making the stock its 6th largest position. Erickson Financial Group LLC owned 1.16% of Invesco NASDAQ Next Gen 100 ETF worth $7,546,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Trilogy Capital Inc. purchased a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the fourth quarter valued at approximately $5,357,000. Financial Life Planners bought a new stake in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth $30,000. SteelPeak Wealth LLC purchased a new position in shares of Invesco NASDAQ Next Gen 100 ETF in the fourth quarter valued at about $2,653,000. Flagship Harbor Advisors LLC bought a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the fourth quarter valued at about $325,000. Finally, Cornerstone Wealth Management LLC boosted its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 6.4% during the fourth quarter. Cornerstone Wealth Management LLC now owns 28,774 shares of the company’s stock worth $889,000 after purchasing an additional 1,727 shares during the period.

Invesco NASDAQ Next Gen 100 ETF Price Performance

QQQJ opened at $32.66 on Friday. Invesco NASDAQ Next Gen 100 ETF has a one year low of $26.23 and a one year high of $32.95. The business has a 50 day simple moving average of $31.85 and a two-hundred day simple moving average of $30.53. The firm has a market capitalization of $686.51 million, a price-to-earnings ratio of 21.16 and a beta of 1.10.

Invesco NASDAQ Next Gen 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.0353 dividend. The ex-dividend date was Monday, December 23rd.

Invesco NASDAQ Next Gen 100 ETF Company 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.