Invesco QQQ (NASDAQ:QQQ - Get Free Report) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be given a dividend of 0.7157 per share by the exchange traded fund on Wednesday, April 30th. The ex-dividend date of this dividend is Monday, March 24th.
Invesco QQQ Trading Down 0.6 %
QQQ traded down $2.76 during midday trading on Thursday, hitting $481.62. The company's stock had a trading volume of 33,289,920 shares, compared to its average volume of 34,885,932. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $540.81. The firm has a 50-day moving average price of $510.12 and a two-hundred day moving average price of $504.83. The firm has a market cap of $303.54 billion, a P/E ratio of 30.74 and a beta of 1.11.
Institutional Investors Weigh In On Invesco QQQ
A hedge fund recently raised its stake in Invesco QQQ stock. Revolve Wealth Partners LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 3.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,257 shares of the exchange traded fund's stock after buying an additional 176 shares during the period. Revolve Wealth Partners LLC's holdings in Invesco QQQ were worth $2,687,000 as of its most recent SEC filing. 44.58% of the stock is owned by institutional investors and hedge funds.
Invesco QQQ Company Profile
(
Get Free Report)
PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.
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