Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) to Issue Monthly Dividend of $0.04

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) announced a monthly dividend on Monday, August 24th, NASDAQ Dividends reports. Investors of record on Monday, August 24th will be given a dividend of 0.0403 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, August 24th.

Invesco QQQ Low Volatility ETF Price Performance

QQLV traded up $0.03 during trading hours on Monday, reaching $25.67. 15 shares of the stock traded hands, compared to its average volume of 1,568. Invesco QQQ Low Volatility ETF has a fifty-two week low of $23.63 and a fifty-two week high of $26.28. The company has a market cap of $2.31 million, a price-to-earnings ratio of 22.72 and a beta of 0.17. The firm’s fifty day simple moving average is $25.11 and its two-hundred day simple moving average is $24.69.

Institutional Trading of Invesco QQQ Low Volatility ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE purchased a new position in Invesco QQQ Low Volatility ETF in the second quarter valued at about $645,000. Alaska Wealth Advisors LLC acquired a new stake in Invesco QQQ Low Volatility ETF during the 2nd quarter valued at approximately $282,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Invesco QQQ Low Volatility ETF during the 2nd quarter worth approximately $71,000. Finally, Kestra Advisory Services LLC purchased a new stake in Invesco QQQ Low Volatility ETF during the 4th quarter worth approximately $70,000.

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.