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 PowerShares
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 TR USD
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$67.12 billion
Average Daily Volume$35.04 million
Discount/Premium-0.19%
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
Advisor
Custodian
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, June 18th. Investors of record on Tuesday, June 19th will be given a dividend of $0.3764 per share on Tuesday, July 31st. This represents a $1.51 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Monday, June 18th. This is a positive change from Invesco QQQ Trust's previous quarterly dividend of $0.28. View Invesco QQQ Trust's Dividend History.
What is the consensus analysts' recommendation for Invesco QQQ Trust?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Invesco QQQ Trust in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Are investors shorting Invesco QQQ Trust?
Invesco QQQ Trust saw a drop in short interest in the month of June. As of June 29th, there was short interest totalling 57,304,528 shares, a drop of 8.5% from the June 15th total of 62,611,505 shares. Based on an average trading volume of 43,598,249 shares, the short-interest ratio is presently 1.3 days. Currently, 14.9% of the company's stock are short sold. 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), HSBC (HSBC), Citigroup (C), PING AN Ins Grp/S (PNGAY), HSBC (HSBA), Toronto–Dominion Bank (TD), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Commonwealth Bank of Australia (CBAUF), Bank of Nova Scotia (BNS), HDFC Bank (HDB), Allianz (AZSEY), American Express (AXP), Mitsubishi UFJ Financial Group (MTU) and Goldman Sachs Group (GS).
Has Invesco QQQ Trust been receiving favorable news coverage?
News articles about QQQ stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Invesco QQQ Trust earned a news sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the exchange traded fund an impact score of 47.05 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Invesco QQQ Trust's major shareholders?
Invesco QQQ Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include CHURCHILL MANAGEMENT Corp (0.32%), Fisher Asset Management LLC (0.12%), Hollencrest Capital Management (0.11%), Cohen Klingenstein LLC (0.10%), Total Investment Management Inc. (0.07%) and AJ Wealth Strategies LLC (0.07%). View Institutional Ownership Trends for Invesco QQQ Trust.
Which major investors are selling Invesco QQQ Trust stock?
QQQ stock was sold by a variety of institutional investors in the last quarter, including CHURCHILL MANAGEMENT Corp, Money Design Co. Ltd., Sanders Morris Harris LLC, Bouchey Financial Group Ltd, Epstein & White Financial LLC, Prospera Financial Services Inc, Howard Capital Management Inc. and PFG Advisors. View Insider Buying and Selling for Invesco QQQ Trust.
Which major investors are buying Invesco QQQ Trust stock?
QQQ stock was bought by a variety of institutional investors in the last quarter, including AJ Wealth Strategies LLC, Conservest Capital Advisors Inc., GenWealth Group Inc., Miller Green Financial Services Inc. ADV, Piershale Financial Group Inc., Professional Planning, Fisher Asset Management LLC and Founders Capital Management. View Insider Buying and Selling for Invesco QQQ Trust.
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 $179.03.
How big of a company is Invesco QQQ Trust?
Invesco QQQ Trust has a market capitalization of $70.15 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.
