TD Capital Management LLC Sells 1,253 Shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

TD Capital Management LLC lessened its holdings in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 28.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,104 shares of the company’s stock after selling 1,253 shares during the period. TD Capital Management LLC’s holdings in Invesco NASDAQ Next Gen 100 ETF were worth $87,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Essex Financial Services Inc. raised its stake in Invesco NASDAQ Next Gen 100 ETF by 1.2% in the 2nd quarter. Essex Financial Services Inc. now owns 83,774 shares of the company’s stock valued at $2,335,000 after acquiring an additional 961 shares during the period. International Assets Investment Management LLC bought a new position in Invesco NASDAQ Next Gen 100 ETF during the 2nd quarter worth $151,000. &PARTNERS bought a new position in Invesco NASDAQ Next Gen 100 ETF during the 2nd quarter worth $389,000. Raymond James Financial Services Advisors Inc. increased its position in Invesco NASDAQ Next Gen 100 ETF by 1.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,368,026 shares of the company’s stock worth $38,127,000 after buying an additional 21,719 shares during the period. Finally, WealthCare Investment Partners LLC increased its position in Invesco NASDAQ Next Gen 100 ETF by 3.5% during the 2nd quarter. WealthCare Investment Partners LLC now owns 42,362 shares of the company’s stock worth $1,181,000 after buying an additional 1,427 shares during the period.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Shares of NASDAQ QQQJ opened at $28.36 on Friday. Invesco NASDAQ Next Gen 100 ETF has a 52 week low of $22.66 and a 52 week high of $29.41. The stock has a market capitalization of $653.41 million, a P/E ratio of 21.16 and a beta of 1.10. The stock’s fifty day moving average is $28.29 and its 200 day moving average is $28.10.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a $0.0867 dividend. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 1.22%. This is a boost from Invesco NASDAQ Next Gen 100 ETF’s previous quarterly dividend of $0.07.

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.