Summary
QQQJ Chart
Should Invesco NASDAQ Next Gen 100 ETF (QQQJ) Be on Your Investing Radar?
The Invesco NASDAQ Next Gen 100 ETF (QQQJ) was launched on October 13, 2020, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
How QQQJ Targets the Next Generation of Growth Leaders
As concerns grow about the market's biggest companies, investors are looking further down the market-cap scale. Mid-cap innovators are drawing more attention because they have more room to grow.
QQQJ: Accessing Innovation At Smaller Market Cap Size
Invesco NASDAQ Next Gen 100 ETF tracks the NASDAQ Next Generation 100 Index, focusing on mid-cap, non-financial, innovative companies. QQQJ invests at least 90% of assets in benchmark securities, excluding financials, REITs, SPACs, and 'when-issued' stocks. With a 0.15% expense ratio and a trailing yield of 0.55%, QQQJ targets growth, not income, appealing to those seeking exposure to emerging tech leaders.
Invesco NASDAQ Next Gen 100 ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 4,982 | $226,382 | $219,058.54 | -$7,323.46 | -3.24% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 106,359 | $4.83M | $4.92M | $88,290.94 | 1.83% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,021 | $32,987.74 | $47,190.62 | $14,202.88 | 43.06% |
| NA Nizar Araji National Bank Of Canada /FI/ | 12,934 | $327,570.59 | $598,456.18 | $270,885.59 | 82.7% |
| AB Anthony Bruccoleri Equitable Holdings Inc. | 35,620 | $927,163.49 | $1.66M | $733,797.11 | 79.14% |
Invesco NASDAQ Next Gen 100 ETF (QQQJ) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Invesco NASDAQ Next Gen 100 ETF ever had a stock split?
Invesco NASDAQ Next Gen 100 ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
This fund is an investment vehicle that primarily focuses on pooling the assets of its participants to invest in a select portfolio of securities. The core investment strategy of the fund is to allocate at least 90% of its total assets to securities that are included in its underlying index. This index is carefully compiled, maintained, and calculated by Nasdaq, Inc., observing strict guidelines and procedures to ensure accuracy and relevance. The index itself is populated with securities from the next generation of Nasdaq-listed non-financial companies, specifically selecting the largest 100 companies by market capitalization that are not part of the NASDAQ-100 Index®. This selection criteria places the focus on emerging companies with significant growth potential, offering investors a unique blend of opportunities in the technology and innovation sectors.
Products and Services
- Investment in Next Generation Nasdaq-listed Companies
- Securities Selection Based on Market Capitalization
This service targets the next generation of non-financial companies listed on the Nasdaq, specifically those that are not part of the NASDAQ-100 Index®. By focusing on the largest 100 companies by market capitalization outside of the NASDAQ-100, the fund offers investors exposure to potential high-growth companies. It's an opportunity to invest in what could be tomorrow's industry leaders in technology and innovation.
The fund employs a market capitalization-based selection criterion to populate its portfolio, ensuring that investments are made into companies that have the potential for substantial growth. Market capitalization is a solid indicator of company size, influence, and stability, which, when combined with Nasdaq-listing, indicates a level of quality and growth potential. This methodical approach is designed to provide a balanced and growth-oriented investment opportunity.
