Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Stock Price Down 0.3% – Should You Sell?

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHGGet Free Report)’s share price traded down 0.3% during trading on Wednesday . The stock traded as low as $66.86 and last traded at $66.86. 191 shares changed hands during trading, a decline of 48% from the average session volume of 370 shares. The stock had previously closed at $67.04.

Invesco QQQ Hedged Advantage ETF Price Performance

The firm has a market capitalization of $12.96 million, a PE ratio of 32.70 and a beta of 0.87. The firm has a 50-day simple moving average of $63.06 and a 200-day simple moving average of $61.13.

Invesco QQQ Hedged Advantage ETF Increases Dividend

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

Institutional Inflows and Outflows

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

About Invesco QQQ Hedged Advantage ETF

(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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