Royal Bank of Canada Increases Stock Position in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ)

Royal Bank of Canada grew its holdings in Invesco NASDAQ Next Gen 100 ETF (NASDAQ:QQQJ – Get Rating) by 16.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 451,799 shares of the company’s stock after purchasing an additional 63,562 shares during the quarter. Royal Bank of Canada’s holdings in Invesco NASDAQ Next Gen 100 ETF were worth $10,007,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Evoke Wealth LLC purchased a new position in shares of Invesco NASDAQ Next Gen 100 ETF in the third quarter valued at approximately $30,000. Truvestments Capital LLC acquired a new stake in Invesco NASDAQ Next Gen 100 ETF in the second quarter valued at approximately $47,000. Coastal Investment Advisors Inc. acquired a new stake in Invesco NASDAQ Next Gen 100 ETF in the third quarter valued at approximately $69,000. Castle Wealth Management LLC raised its holdings in Invesco NASDAQ Next Gen 100 ETF by 951.7% in the third quarter. Castle Wealth Management LLC now owns 7,383 shares of the company’s stock valued at $164,000 after acquiring an additional 6,681 shares in the last quarter. Finally, TD Capital Management LLC acquired a new stake in Invesco NASDAQ Next Gen 100 ETF in the third quarter valued at approximately $170,000.

Invesco NASDAQ Next Gen 100 ETF Stock Down 2.1 %

Shares of NASDAQ:QQQJ opened at $24.93 on Friday. The firm’s 50 day moving average price is $25.60 and its 200 day moving average price is $24.53. Invesco NASDAQ Next Gen 100 ETF has a fifty-two week low of $21.15 and a fifty-two week high of $30.01.

Invesco NASDAQ Next Gen 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 23rd. Investors of record on Tuesday, December 20th were issued a $0.077 dividend. This is a boost from Invesco NASDAQ Next Gen 100 ETF’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Monday, December 19th. This represents a $0.31 annualized dividend and a yield of 1.24%.