Purus Wealth Management LLC Has $2.76 Million Stock Position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Purus Wealth Management LLC increased its position in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 553.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 89,251 shares of the company’s stock after buying an additional 75,594 shares during the quarter. Invesco NASDAQ Next Gen 100 ETF makes up 1.1% of Purus Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding. Purus Wealth Management LLC’s holdings in Invesco NASDAQ Next Gen 100 ETF were worth $2,756,000 at the end of the most recent quarter.

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

Invesco NASDAQ Next Gen 100 ETF Trading Up 0.2 %

Shares of QQQJ stock opened at $31.78 on Monday. The firm has a market capitalization of $670.24 million, a P/E ratio of 21.16 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a 1 year low of $25.79 and a 1 year high of $32.95. The firm’s fifty day simple moving average is $31.61 and its 200 day simple moving average is $30.00.

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 issued a $0.0353 dividend. The ex-dividend date was Monday, December 23rd.

Invesco NASDAQ Next Gen 100 ETF 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.