Invesco QQQ Trust Stock Forecast, Price & News

Wall Street analysts have given Invesco QQQ Trust a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Invesco QQQ Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Invesco QQQ Trust saw a increase in short interest in February. As of February 26th, there was short interest totaling 84,980,000 shares, an increase of 24.2% from the February 11th total of 68,440,000 shares. Based on an average daily volume of 39,745,400 shares, the days-to-cover ratio is currently 2.1 days.
View Invesco QQQ Trust's Short Interest.

Invesco QQQ Trust's stock was trading at $195.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, QQQ stock has increased by 72.7% and is now trading at $337.11.
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Invesco QQQ Trust declared a quarterly dividend on Friday, March 19th. Investors of record on Tuesday, March 23rd will be paid a dividend of $0.395 per share on Friday, April 30th. This represents a $1.58 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date of this dividend is Monday, March 22nd.
View Invesco QQQ Trust's dividend history.

Invesco QQQ Trust pays an annual dividend of $1.77 per share and currently has a dividend yield of 0.53%.
View Invesco QQQ Trust's dividend history.

Some companies that are related to Invesco QQQ Trust include Berkshire Hathaway (BRK.B), JPMorgan Chase & Co. (JPM), SPDR S&P 500 ETF Trust (SPY), Bank of America (BAC), Industrial and Commercial Bank of China (IDCBY), Ping An Insurance (Group) Company of China (PNGAY), China Construction Bank (CICHY), China Merchants Bank (CIHKY), Wells Fargo & Company (WFC), AIA Group (AAGIY), Citigroup (C), Morgan Stanley (MS), The Toronto-Dominion Bank (TD), Agricultural Bank of China (ACGBY) and HDFC Bank (HDB).
View all of QQQ's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco QQQ Trust investors own include NVIDIA (NVDA), SPDR S&P 500 ETF Trust (SPY), Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), The Walt Disney (DIS), PayPal (PYPL), Visa (V), The Boeing (BA) and Bank of America (BAC).

Invesco QQQ Trust trades on the NASDAQ under the ticker symbol "QQQ."

Invesco QQQ Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include CHURCHILL MANAGEMENT Corp (0.15%), Paragon Wealth Strategies LLC (0.02%), Lowe Wealth Advisors LLC (0.01%), Foundations Investment Advisors LLC (0.01%), WC Walker & Associates Inc. (0.01%) and Silverleafe Capital Partners LLC (0.01%).

QQQ stock was sold by a variety of institutional investors in the last quarter, including Foundations Investment Advisors LLC, CHURCHILL MANAGEMENT Corp, Financial Advisory Corp UT ADV, Rye Brook Capital LLC, Spotlight Asset Group Inc., EWG Elevate Inc., Paragon Wealth Strategies LLC, and Fulcrum Equity Management.

QQQ stock was acquired by a variety of institutional investors in the last quarter, including Silverleafe Capital Partners LLC, First Financial Bank Trust Division, Smith Shellnut Wilson LLC ADV, Farmers Trust Co., Fulton Breakefield Broenniman LLC, Flagship Private Wealth LLC, First Citizens Financial Corp, and Family Legacy Inc..

Shares of QQQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of QQQ stock can currently be purchased for approximately $337.11.

Invesco QQQ Trust has a market capitalization of $164.53 billion.