Invesco QQQ (NASDAQ:QQQ – Get Free Report) shares rose 1.2% during trading on Wednesday . The company traded as high as $518.79 and last traded at $519.23. Approximately 9,653,825 shares changed hands during trading, a decline of 69% from the average daily volume of 30,719,033 shares. The stock had previously closed at $513.32.
Invesco QQQ Stock Up 0.4 %
The stock’s 50 day moving average is $522.57 and its 200 day moving average is $502.54. The firm has a market cap of $327.74 billion, a price-to-earnings ratio of 33.43 and a beta of 1.09.
Invesco QQQ Announces Dividend
The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.
Institutional Investors Weigh In On Invesco QQQ
Invesco QQQ Company Profile
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.
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