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. Invesco PowerShares Capital Management, LLC is the Sponsor of the Trust and The Bank of New York Mellon is the Trustee.
Basic Details
Issuer Invesco
Fund NameInvesco QQQ Trust
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:QQQ
Inception Date3/10/1999
Fund Manager
WebN/A
PhoneN/A
Fund Focus
Asset ClassEquity
BenchmarkNasdaq 100 Index
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$72.05 billion
Average Daily Volume$38.04 million
Discount/Premium-0.02%
ETF Expenses
Management Fee0.06%
Other Expenses0.14%
Total Expenses0.20%
Fee Waiver0.00%
Net Expenses0.20%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors Inc.
Transfer AgentThe Bank of New York Mellon Corporation
TrusteeThe Bank of New York Mellon Corporation
Lead Market MakerNone
Invesco QQQ Trust (NASDAQ:QQQ) Frequently Asked Questions
What is Invesco QQQ Trust's stock symbol?
Invesco QQQ Trust trades on the NASDAQ under the ticker symbol "QQQ."
How often does Invesco QQQ Trust pay dividends? What is the dividend yield for Invesco QQQ Trust?
Invesco QQQ Trust declared a quarterly dividend on Monday, March 18th. Shareholders of record on Tuesday, March 19th will be paid a dividend of $0.3242 per share on Tuesday, April 30th. This represents a $1.30 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Monday, March 18th. View Invesco QQQ Trust's Dividend History.
What is the consensus analysts' recommendation for Invesco QQQ Trust?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Invesco QQQ Trust in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Invesco QQQ Trust.
Has Invesco QQQ Trust been receiving favorable news coverage?
News stories about QQQ stock have been trending somewhat negative on Monday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Invesco QQQ Trust earned a coverage optimism score of -1.6 on InfoTrie's scale. They also gave news coverage about the exchange traded fund a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.
Are investors shorting Invesco QQQ Trust?
Invesco QQQ Trust saw a drop in short interest in the month of April. As of April 15th, there was short interest totalling 47,045,548 shares, a drop of 9.9% from the March 29th total of 52,221,794 shares. Based on an average daily trading volume, of 25,366,932 shares, the short-interest ratio is presently 1.9 days. Approximately 12.0% of the shares of the stock are sold short. View Invesco QQQ Trust's Current Options Chain.
Who are some of Invesco QQQ Trust's key competitors?
Some companies that are related to Invesco QQQ Trust include Wells Fargo & Co (WFC), PING AN INS GRP/S (PNGAY), Citigroup (C), HSBC (HSBC), Toronto-Dominion Bank (TD), HSBC (HSBA), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), HDFC Bank (HDB), American Express (AXP), Allianz (AZSEY), COMWLTH BK AUS/S (CMWAY), American Tower (AMT), Bank of Nova Scotia (BNS) and U.S. Bancorp (USB).
What other stocks do shareholders of Invesco QQQ Trust own?
Who are Invesco QQQ Trust's major shareholders?
Invesco QQQ Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Morgan Stanley (2.84%), Ellis Investment Partners LLC (1.58%), CHURCHILL MANAGEMENT Corp (0.84%), Northwestern Mutual Wealth Management Co. (0.49%), Toronto Dominion Bank (0.41%) and Stadion Money Management LLC (0.37%).
Which major investors are selling Invesco QQQ Trust stock?
QQQ stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Banque Pictet & Cie SA, Pictet North America Advisors SA, Toronto Dominion Bank, CIBC World Markets Inc., TD Asset Management Inc., RiverFront Investment Group LLC and Mizuho Securities USA LLC.
Which major investors are buying Invesco QQQ Trust stock?
QQQ stock was acquired by a variety of institutional investors in the last quarter, including Ellis Investment Partners LLC, CHURCHILL MANAGEMENT Corp, Natixis, Duality Advisers LP, Stadion Money Management LLC, Forward Management LLC, The Manufacturers Life Insurance Company and Broadmark Asset Management LLC.
How do I buy shares of Invesco QQQ Trust?
Shares of QQQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Invesco QQQ Trust's stock price today?
One share of QQQ stock can currently be purchased for approximately $179.95.
How big of a company is Invesco QQQ Trust?
Invesco QQQ Trust has a market capitalization of $70.70 billion.
MarketBeat Community Rating for Invesco QQQ Trust (NASDAQ QQQ)
MarketBeat's community ratings are surveys of what our community members think about Invesco QQQ Trust and other stocks. Vote "Outperform" if you believe QQQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QQQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
