Wealthcare Advisory Partners LLC Invests $426,000 in VictoryShares Nasdaq Next 50 ETF (NASDAQ:QQQN)

Wealthcare Advisory Partners LLC purchased a new position in shares of VictoryShares Nasdaq Next 50 ETF (NASDAQ:QQQN) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 15,681 shares of the company’s stock, valued at approximately $426,000. Wealthcare Advisory Partners LLC owned 0.49% of VictoryShares Nasdaq Next 50 ETF at the end of the most recent quarter.

Separately, Daiwa Securities Group Inc. grew its stake in VictoryShares Nasdaq Next 50 ETF by 30.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 23,278 shares of the company’s stock worth $570,000 after purchasing an additional 5,423 shares in the last quarter.

VictoryShares Nasdaq Next 50 ETF Stock Up 0.7 %

QQQN stock opened at $28.31 on Friday. VictoryShares Nasdaq Next 50 ETF has a fifty-two week low of $22.50 and a fifty-two week high of $29.96. The business has a 50 day moving average price of $28.71 and a 200 day moving average price of $27.02. The stock has a market cap of $19.82 million, a price-to-earnings ratio of 24.21 and a beta of 1.09.

VictoryShares Nasdaq Next 50 ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 13th. Investors of record on Friday, May 10th will be issued a dividend of $0.009 per share. The ex-dividend date of this dividend is Thursday, May 9th.

VictoryShares Nasdaq Next 50 ETF Company Profile

The VictoryShares Nasdaq Next 50 ETF (QQQN) is an exchange-traded fund that is based on the NASDAQ Q-50 index. The fund tracks a market-cap weighted, narrow index of 50 non-financial stocks that are next-eligible for inclusion in the NASDAQ-100 Index. QQQN was launched on Sep 10, 2020 and is managed by VictoryShares.