Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Stock Falls 0.8% – Here’s What Happened

Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ – Get Free Report)’s share price was down 0.8% during mid-day trading on Wednesday. The stock traded as low as $44.50 and last traded at $44.72. Approximately 112,259 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 175,039 shares. The stock had previously closed at $45.06.

Invesco NASDAQ Next Gen 100 ETF Stock Up 1.1%

The stock has a market cap of $1.20 billion, a P/E ratio of 22.27 and a beta of 1.13. The company’s 50 day moving average price is $45.07 and its two-hundred day moving average price is $43.19.

Institutional Investors Weigh In On Invesco NASDAQ Next Gen 100 ETF

Hedge funds have recently made changes to their positions in the company. International Assets Investment Management LLC increased its position in shares of Invesco NASDAQ Next Gen 100 ETF by 111.6% during the first quarter. International Assets Investment Management LLC now owns 1,481 shares of the company’s stock worth $54,000 after purchasing an additional 781 shares in the last quarter. Fifth Third Bancorp acquired a new position in Invesco NASDAQ Next Gen 100 ETF during the 1st quarter valued at about $43,000. Rockefeller Capital Management L.P. increased its position in Invesco NASDAQ Next Gen 100 ETF by 24.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 9,159 shares of the company’s stock valued at $338,000 after buying an additional 1,824 shares in the last quarter. World Investment Advisors raised its stake in Invesco NASDAQ Next Gen 100 ETF by 36.9% in the first quarter. World Investment Advisors now owns 8,562 shares of the company’s stock valued at $310,000 after buying an additional 2,306 shares during the last quarter. Finally, Bogart Wealth LLC boosted its holdings in Invesco NASDAQ Next Gen 100 ETF by 191.9% in the first quarter. Bogart Wealth LLC now owns 3,938 shares of the company’s stock worth $143,000 after acquiring an additional 2,589 shares in the last quarter.

Invesco NASDAQ Next Gen 100 ETF Company Profile

(Get Free Report)

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.

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