Invesco QQQ (NASDAQ:QQQ - Get Free Report)'s share price traded down 3.1% on Monday . The stock traded as low as $474.72 and last traded at $476.57. 18,714,329 shares were traded during trading, a decline of 46% from the average session volume of 34,793,754 shares. The stock had previously closed at $491.79.
Invesco QQQ Price Performance
The stock has a market capitalization of $302.59 billion, a P/E ratio of 30.74 and a beta of 1.11. The company's 50 day simple moving average is $514.89 and its two-hundred day simple moving average is $503.85.
Invesco QQQ Announces Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Trading of Invesco QQQ
Several large investors have recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. lifted its position in shares of Invesco QQQ by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund's stock worth $8,477,000 after purchasing an additional 46 shares in the last quarter. Pettinga Financial Advisors LLC lifted its holdings in Invesco QQQ by 13.6% in the third quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund's stock valued at $7,553,000 after buying an additional 1,854 shares during the period. Huntington National Bank lifted its holdings in Invesco QQQ by 7.7% in the third quarter. Huntington National Bank now owns 36,185 shares of the exchange traded fund's stock valued at $17,661,000 after buying an additional 2,581 shares during the period. Balboa Wealth Partners bought a new position in Invesco QQQ in the third quarter valued at approximately $6,254,000. Finally, Black Diamond Financial LLC boosted its stake in Invesco QQQ by 0.5% in the third quarter. Black Diamond Financial LLC now owns 5,210 shares of the exchange traded fund's stock valued at $2,543,000 after acquiring an additional 26 shares during the last quarter. 44.58% of the stock is owned by institutional investors.
About Invesco QQQ
(
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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