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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, QQQ stock has increased by 93.8% and is now trading at $378.31.
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Invesco QQQ Trust declared a quarterly dividend on Friday, June 18th. Stockholders 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 yield of 0.42%. The ex-dividend date of this dividend is Monday, June 21st. This is a positive change 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 0.46%.
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), China Merchants Bank (CIHKY), Industrial and Commercial Bank of China (IDCBY), Wells Fargo & Company (WFC), Morgan Stanley (MS), China Construction Bank (CICHY), SEA (SE), The Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Citigroup (C), HDFC Bank (HDB), AIA Group (AAGIY) and BlackRock (BLK).
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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 a number of retail and institutional investors. Top institutional shareholders include Jefferies Group LLC (0.00%), Bank of America Corp DE (0.00%), Citadel Advisors LLC (0.00%), Goldman Sachs Group Inc. (0.00%), Citigroup Inc. (0.00%) and Parallax Volatility Advisers L.P. (0.00%).

QQQ stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Blackstone Inc, Blackstone Inc, Morgan Stanley, Millennium Management LLC, Parallax Volatility Advisers L.P., Wolverine Trading LLC, and Laurion Capital Management LP.

QQQ stock was bought by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Bank of America Corp DE, Simplex Trading LLC, Allianz Asset Management GmbH, JPMorgan Chase & Co., Weitzel Financial Services Inc., Luxor Capital Group LP, and Beacon Capital Management 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 $378.31.

Invesco QQQ Trust has a market capitalization of $195.34 billion.