Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Stock Price Down 0.1% – Should You Sell?

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV)’s share price was down 0.1% during mid-day trading on Friday . The company traded as low as $25.68 and last traded at $25.68. Approximately 419 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 1,607 shares. The stock had previously closed at $25.70.

Invesco QQQ Low Volatility ETF Trading Down 0.1%

The firm’s fifty day moving average is $25.02 and its 200 day moving average is $24.66. The company has a market cap of $2.31 million, a PE ratio of 22.72 and a beta of 0.17.

Invesco QQQ Low Volatility ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were issued a $0.0481 dividend. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date was Monday, July 20th. This is a positive change from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.05.

Institutional Investors Weigh In On Invesco QQQ Low Volatility ETF

Several large investors have recently bought and sold shares of QQLV. Kestra Advisory Services LLC purchased a new position in shares of Invesco QQQ Low Volatility ETF in the fourth quarter valued at approximately $70,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Invesco QQQ Low Volatility ETF in the second quarter worth approximately $71,000. Finally, Alaska Wealth Advisors LLC acquired a new stake in shares of Invesco QQQ Low Volatility ETF in the second quarter worth approximately $282,000.

About Invesco QQQ Low Volatility ETF

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.