Invesco QQQ Trust Stock Forecast, Price & News

Wall Street analysts have given Invesco QQQ Trust a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Invesco QQQ Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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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 79.8% and is now trading at $351.09.
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Invesco QQQ Trust declared a quarterly dividend on Friday, June 18th. Shareholders of record on Tuesday, June 22nd will be given a dividend of $0.397 per share on Wednesday, June 30th. This represents a $1.59 annualized dividend and a dividend yield of 0.45%. The ex-dividend date is Monday, June 21st. This is an increase from Invesco QQQ Trust's previous quarterly dividend of $0.40.
View Invesco QQQ Trust's dividend history.

Invesco QQQ Trust pays an annual dividend of $1.74 per share and currently has a dividend yield of 0.50%.
View Invesco QQQ Trust's dividend history.

Some companies that are related to Invesco QQQ Trust include JPMorgan Chase & Co. (JPM), SPDR S&P 500 ETF Trust (SPY), Bank of America (BAC), Industrial and Commercial Bank of China (IDCBY), China Merchants Bank (CIHKY), China Construction Bank (CICHY), Ping An Insurance (Group) Company of China (PNGAY), Wells Fargo & Company (WFC), Morgan Stanley (MS), The Toronto-Dominion Bank (TD), AIA Group (AAGIY), Royal Bank of Canada (RY), Citigroup (C), SEA (SE) and HDFC Bank (HDB).
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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 many different institutional and retail investors. Top institutional shareholders include Morgan Stanley (4.36%), The PNC Financial Services Group Inc. (1.51%), Envestnet Asset Management Inc. (0.95%), Ameriprise Financial Inc. (0.69%), TD Asset Management Inc. (0.58%) and Nissay Asset Management Corp Japan ADV (0.41%).

QQQ stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Financial Group Inc., Toronto Dominion Bank, Sawtooth Solutions LLC, Envestnet Asset Management Inc., FormulaFolio Investments LLC, Usca Ria LLC, Foundations Investment Advisors LLC, and Parker Investment Management LLC.

QQQ stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Nissay Asset Management Corp Japan ADV, Canada Pension Plan Investment Board, TD Asset Management Inc., Ontario Teachers Pension Plan Board, Pictet & Cie Europe SA, GSB Wealth Management LLC, and Flow Traders U.S. LLC.

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 $351.09.

Invesco QQQ Trust has a market capitalization of $171.67 billion.