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

Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 62,600 shares, a drop of 32.4% from the December 15th total of 92,600 shares. Based on an average daily volume of 92,100 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Invesco NASDAQ Next Gen 100 ETF

Several hedge funds and other institutional investors have recently made changes to their positions in QQQJ. Purus Wealth Management LLC bought a new stake in Invesco NASDAQ Next Gen 100 ETF during the 2nd quarter valued at approximately $266,000. Goodman Advisory Group LLC boosted its position in shares of Invesco NASDAQ Next Gen 100 ETF by 114.6% in the second quarter. Goodman Advisory Group LLC now owns 1,369 shares of the company’s stock valued at $38,000 after acquiring an additional 731 shares during the period. Granite Bay Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ Next Gen 100 ETF in the third quarter worth $387,000. WealthCare Investment Partners LLC increased its position in Invesco NASDAQ Next Gen 100 ETF by 3.3% during the third quarter. WealthCare Investment Partners LLC now owns 43,753 shares of the company’s stock worth $1,320,000 after acquiring an additional 1,391 shares during the period. Finally, DMC Group LLC acquired a new position in Invesco NASDAQ Next Gen 100 ETF during the 3rd quarter valued at $514,000.

Invesco NASDAQ Next Gen 100 ETF Stock Performance

Shares of Invesco NASDAQ Next Gen 100 ETF stock traded up $0.31 on Wednesday, reaching $31.54. The stock had a trading volume of 65,991 shares, compared to its average volume of 135,943. The business’s 50-day moving average price is $31.58 and its two-hundred day moving average price is $29.92. The stock has a market cap of $663.29 million, a P/E ratio of 21.16 and a beta of 1.10. Invesco NASDAQ Next Gen 100 ETF has a fifty-two week low of $25.60 and a fifty-two week high of $32.95.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0353 per share. The ex-dividend date was Monday, December 23rd.

About Invesco NASDAQ Next Gen 100 ETF

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.