Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Stock Price Down 0.3% – What’s Next?

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) dropped 0.3% on Wednesday . The company traded as low as $66.86 and last traded at $66.86. Approximately 191 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 370 shares. The stock had previously closed at $67.04.

Invesco QQQ Hedged Advantage ETF Stock Down 0.3%

The stock’s 50-day simple moving average is $62.79 and its two-hundred day simple moving average is $61.06. The company has a market capitalization of $13.37 million, a price-to-earnings ratio of 32.70 and a beta of 0.86.

Invesco QQQ Hedged Advantage ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.0358 per share. This is a boost from Invesco QQQ Hedged Advantage ETF’s previous quarterly dividend of $0.03. This represents a $0.14 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, March 23rd.

Hedge Funds Weigh In On Invesco QQQ Hedged Advantage ETF

An institutional investor recently bought a new position in Invesco QQQ Hedged Advantage ETF stock. Bank of America Corp DE bought a new stake in shares of Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $1,462,000. Bank of America Corp DE owned about 12.50% of Invesco QQQ Hedged Advantage ETF at the end of the most recent reporting period.

Invesco QQQ Hedged Advantage ETF Company Profile

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.