Shares of Invesco Top QQQ ETF (NASDAQ:QBIG – Get Free Report) dropped 0.2% during trading on Friday . The company traded as low as $39.03 and last traded at $39.40. Approximately 17,986 shares were traded during trading, an increase of 142% from the average daily volume of 7,422 shares. The stock had previously closed at $39.48.
Invesco Top QQQ ETF Price Performance
The company has a market capitalization of $35.46 million, a P/E ratio of 36.25 and a beta of 1.69. The stock has a 50-day moving average price of $39.99 and a 200-day moving average price of $38.22.
Institutional Investors Weigh In On Invesco Top QQQ ETF
Several institutional investors have recently bought and sold shares of the stock. ATX Financial Planning LLC grew its holdings in Invesco Top QQQ ETF by 17.6% during the first quarter. ATX Financial Planning LLC now owns 41,084 shares of the company’s stock worth $1,400,000 after buying an additional 6,158 shares in the last quarter. Jane Street Group LLC grew its holdings in Invesco Top QQQ ETF by 10.0% during the second quarter. Jane Street Group LLC now owns 21,705 shares of the company’s stock worth $709,000 after buying an additional 1,975 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Invesco Top QQQ ETF by 2.4% during the fourth quarter. Geneos Wealth Management Inc. now owns 17,561 shares of the company’s stock worth $676,000 after buying an additional 404 shares in the last quarter. Financial & Tax Architects LLC bought a new stake in Invesco Top QQQ ETF during the fourth quarter worth $275,000. Finally, Bank of America Corp DE grew its holdings in Invesco Top QQQ ETF by 3,833.0% during the second quarter. Bank of America Corp DE now owns 3,933 shares of the company’s stock worth $129,000 after buying an additional 3,833 shares in the last quarter.
Invesco Top QQQ ETF Company Profile
The Invesco Top QQQ ETF (QBIG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide exposure to the top 45% of the Nasdaq-100 based on market cap. This is achieved through direct equity investment and utilizing total return swaps on the equities. QBIG was launched on Dec 4, 2024 and is issued by Invesco.
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