VictoryShares Nasdaq Next 50 ETF (QQQN)

VictoryShares Nasdaq Next 50 ETF (NASDAQ:QQQN) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC decreased its stake in VictoryShares Nasdaq Next 50 ETF (NASDAQ:QQQN – Free Report) by 7.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,739 shares of the company’s stock after selling 1,564 shares during the period. Private Advisor Group LLC owned 0.59% of VictoryShares Nasdaq Next 50 ETF worth $509,000 at the end of the most recent reporting period. Separately, Wealthcare Advisory Partners LLC purchased a new position in shares of VictoryShares Nasdaq Next 50 ETF during the fourth quarter worth about $426,000. VictoryShares Nasdaq Next 50 ETF Stock Performance VictoryShares Nasdaq Next 50 ETF stock opened at $28.95 on Monday. The stock has a 50-day simple moving average of $28.64 and a 200-day simple moving average of $27.32. The company has a market capitalization of $23.88 million, a P/E ratio of 25.17 and a beta of 1.15. VictoryShares Nasdaq Next 50 ETF has a fifty-two week low of $22.50 and a fifty-two week high of $29.96. VictoryShares Nasdaq Next 50 ETF Announces Dividend The company also recently disclosed a monthly dividend, which was paid on Monday, May 13th. Shareholders of record on Friday, May 10th were paid a $0.009 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend was Thursday, May 9th. VictoryShares Nasdaq Next 50 ETF Profile (Free Report) 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.