Invesco QQQ (NASDAQ:QQQ - Get Free Report)'s stock price rose 0% during mid-day trading on Wednesday . The stock traded as high as $516.29 and last traded at $515.20. Approximately 9,040,597 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 29,349,512 shares. The stock had previously closed at $515.18.
Invesco QQQ Price Performance
The stock has a 50 day moving average price of $513.51 and a 200 day moving average price of $490.39.
Invesco QQQ Announces Dividend
The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a dividend of $0.8347 per share. The ex-dividend date was Monday, December 23rd.
Institutional Investors Weigh In On Invesco QQQ
Hedge funds and other institutional investors have recently bought and sold shares of the business. Legacy Bridge LLC grew its stake in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund's stock worth $59,000 after buying an additional 45 shares during the last quarter. BNP Paribas bought a new stake in Invesco QQQ in the third quarter worth $62,000. Ritter Daniher Financial Advisory LLC DE grew its stake in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund's stock worth $71,000 after acquiring an additional 63 shares during the last quarter. Providence Capital Advisors LLC bought a new position in shares of Invesco QQQ during the second quarter valued at $76,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Invesco QQQ in the 3rd quarter worth about $91,000. Hedge funds and other institutional investors own 44.58% of the company's stock.
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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