Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Trading 0.2% Higher – Here’s Why

Shares of Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHGGet Free Report) rose 0.2% during trading on Friday . The company traded as high as $66.21 and last traded at $66.21. Approximately 275 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 659 shares. The stock had previously closed at $66.08.

Invesco QQQ Hedged Advantage ETF Trading Up 0.2%

The company has a fifty day moving average price of $65.51 and a two-hundred day moving average price of $62.15. The firm has a market capitalization of $13.24 million, a price-to-earnings ratio of 32.70 and a beta of 0.80.

Invesco QQQ Hedged Advantage ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.0353 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.14 annualized dividend and a yield of 0.2%.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Invesco QQQ Hedged Advantage ETF stock. Bank of America Corp DE bought a new position in shares of Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHGFree Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $1,462,000. Bank of America Corp DE owned approximately 12.50% of Invesco QQQ Hedged Advantage ETF as of its most recent SEC filing.

Invesco QQQ Hedged Advantage ETF Company Profile

(Get Free Report)

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco QQQ Hedged Advantage ETF is an is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across communication services, consumer discretionary, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors.

Further Reading

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