70,400 Shares in Invesco NASDAQ Next Gen 100 ETF $QQQJ Bought by Guidance Capital Inc.

Guidance Capital Inc. acquired a new position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 70,400 shares of the company’s stock, valued at approximately $3,067,000. Invesco NASDAQ Next Gen 100 ETF makes up approximately 0.7% of Guidance Capital Inc.’s investment portfolio, making the stock its 26th largest holding. Guidance Capital Inc. owned about 0.26% of Invesco NASDAQ Next Gen 100 ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp purchased a new position in shares of Invesco NASDAQ Next Gen 100 ETF during the 1st quarter valued at $43,000. International Assets Investment Management LLC increased its stake in Invesco NASDAQ Next Gen 100 ETF by 111.6% in the 1st quarter. International Assets Investment Management LLC now owns 1,481 shares of the company’s stock worth $54,000 after buying an additional 781 shares in the last quarter. Investment Research & Advisory Group Inc. purchased a new stake in Invesco NASDAQ Next Gen 100 ETF in the 3rd quarter worth $59,000. Latitude Advisors LLC bought a new stake in Invesco NASDAQ Next Gen 100 ETF during the third quarter valued at about $79,000. Finally, WASHINGTON TRUST Co bought a new stake in Invesco NASDAQ Next Gen 100 ETF during the third quarter valued at about $201,000.

Invesco NASDAQ Next Gen 100 ETF Stock Up 0.4%

NASDAQ:QQQJ traded up $0.18 on Friday, reaching $42.57. 157,153 shares of the company’s stock traded hands, compared to its average volume of 172,523. The stock has a 50-day simple moving average of $44.34 and a 200-day simple moving average of $42.20. Invesco NASDAQ Next Gen 100 ETF has a 12 month low of $34.39 and a 12 month high of $46.94. The firm has a market cap of $1.14 billion, a PE ratio of 22.27 and a beta of 1.14.

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.