The Magnificent Seven stocks propelled the Nasdaq-100 Index (NDX) to a gain of 3.46% for the month ending June 12. And that gauge has risen by nearly 14% over the past 90 days.
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Invesco NASDAQ Next Gen 100 ETF (QQQJ) is a passively managed exchange traded fund launched on 10/13/2020.
The Invesco NASDAQ Next Gen 100 ETF (QQQJ) was launched on 10/13/2020, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
![]() QQQJ In 2 months Estimated | Other | $0.09 Per Share |
![]() QQQJ 1 weeks ago Paid | Other | $0.09 Per Share |
![]() QQQJ 3 months ago Paid | Quarterly | $0.04 Per Share |
![]() QQQJ 6 months ago Paid | Quarterly | $0.04 Per Share |
![]() QQQJ 9 months ago Paid | Quarterly | $0.05 Per Share |
![]() QQQJ 24 Jun 2024 Paid | Quarterly | $0.09 Per Share |
![]() QQQJ In 2 months Estimated | Other | $0.09 Per Share |
![]() QQQJ 1 weeks ago Paid | Other | $0.09 Per Share |
![]() QQQJ 3 months ago Paid | Quarterly | $0.04 Per Share |
![]() QQQJ 6 months ago Paid | Quarterly | $0.04 Per Share |
![]() QQQJ 9 months ago Paid | Quarterly | $0.05 Per Share |
![]() QQQJ 24 Jun 2024 Paid | Quarterly | $0.09 Per Share |
NASDAQ (NMS) Exchange | US Country |
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.
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.