Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) Short Interest Update

by · The Markets Daily

Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ – Get Free Report) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 62,600 shares, a decrease of 32.4% from the December 15th total of 92,600 shares. Based on an average trading volume of 92,100 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Goodman Advisory Group LLC increased its stake in shares of 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 worth $38,000 after acquiring an additional 731 shares during the period. Modus Advisors LLC purchased a new stake in shares of Invesco NASDAQ Next Gen 100 ETF during the 4th quarter worth approximately $87,000. FMR LLC boosted its stake in shares of Invesco NASDAQ Next Gen 100 ETF by 60.9% during the 3rd quarter. FMR LLC now owns 6,843 shares of the company’s stock worth $208,000 after acquiring an additional 2,591 shares in the last quarter. Purus Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the 2nd quarter worth approximately $266,000. Finally, Goldstone Financial Group LLC purchased a new position in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter valued at approximately $330,000.

Invesco NASDAQ Next Gen 100 ETF Price Performance

Shares of QQQJ traded up $0.07 during midday trading on Friday, reaching $31.78. 79,946 shares of the stock were exchanged, compared to its average volume of 123,850. Invesco NASDAQ Next Gen 100 ETF has a twelve month low of $25.79 and a twelve month high of $32.95. The company has a market capitalization of $668.33 million, a price-to-earnings ratio of 21.16 and a beta of 1.10. The business’s 50-day moving average price is $31.61 and its 200 day moving average price is $29.95.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

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

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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