Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Trading 1.1% Higher – Here’s Why

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) shares were up 1.1% during mid-day trading on Tuesday . The company traded as high as $24.67 and last traded at $24.67. Approximately 390 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 1,930 shares. The stock had previously closed at $24.41.

Invesco QQQ Low Volatility ETF Stock Up 1.1%

The stock has a fifty day moving average of $24.38 and a 200-day moving average of $24.40. The stock has a market capitalization of $2.22 million, a price-to-earnings ratio of 22.72 and a beta of 0.20.

Invesco QQQ Low Volatility ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.0437 dividend. This is a positive change from Invesco QQQ Low Volatility ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Monday, May 18th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Invesco QQQ Low Volatility ETF stock. Kestra Advisory Services LLC purchased a new position in shares of Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,913 shares of the company’s stock, valued at approximately $70,000. Kestra Advisory Services LLC owned about 1.82% of Invesco QQQ Low Volatility ETF as of its most recent SEC filing.

Invesco QQQ Low Volatility ETF Company Profile

The Invesco QQQ Low Volatility ETF (QQLV) is an exchange-traded fund that is based on the Nasdaq-100 Low Volatility index. The fund tracks an index of the lowest volatility stocks from the Nasdaq-100. QQLV was launched on Dec 4, 2024 and is issued by Invesco.