Erickson Financial Group LLC Sells 809 Shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Erickson Financial Group LLC trimmed its holdings in shares of Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) by 0.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 244,367 shares of the company’s stock after selling 809 shares during the period. Invesco NASDAQ Next Gen 100 ETF accounts for approximately 5.4% of Erickson Financial Group LLC’s holdings, making the stock its 6th largest holding. Erickson Financial Group LLC’s holdings in Invesco NASDAQ Next Gen 100 ETF were worth $7,546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Trilogy Capital Inc. acquired a new position in Invesco NASDAQ Next Gen 100 ETF during the fourth quarter worth $5,357,000. Financial Life Planners purchased a new position in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter valued at about $30,000. SteelPeak Wealth LLC acquired a new stake in Invesco NASDAQ Next Gen 100 ETF in the 4th quarter worth about $2,653,000. Flagship Harbor Advisors LLC purchased a new stake in Invesco NASDAQ Next Gen 100 ETF during the 4th quarter worth approximately $325,000. Finally, Cornerstone Wealth Management LLC raised its holdings in shares of Invesco NASDAQ Next Gen 100 ETF by 6.4% during the fourth quarter. Cornerstone Wealth Management LLC now owns 28,774 shares of the company’s stock valued at $889,000 after acquiring an additional 1,727 shares during the last quarter.

Invesco NASDAQ Next Gen 100 ETF Price Performance

Shares of NASDAQ:QQQJ opened at $32.66 on Friday. Invesco NASDAQ Next Gen 100 ETF has a 1 year low of $26.23 and a 1 year high of $32.95. The firm has a market capitalization of $686.51 million, a PE ratio of 21.16 and a beta of 1.10. The business’s 50 day moving average price is $31.85 and its 200-day moving average price is $30.53.

Invesco NASDAQ Next Gen 100 ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders 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 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.