Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 130 shares, an increase of 165.3% from the October 15th total of 49 shares. Based on an average trading volume of 487 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are sold short.
Institutional Trading of Invesco QQQ Hedged Advantage ETF
An institutional investor recently bought a new stake in Invesco QQQ Hedged Advantage ETF stock. Bank of America Corp DE bought a new position in shares of Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 as of its most recent SEC filing.
Invesco QQQ Hedged Advantage ETF Stock Down 1.1%
Shares of QQHG stock traded down $0.73 during trading hours on Friday, hitting $64.50. 86 shares of the company’s stock traded hands, compared to its average volume of 829. The stock has a market cap of $3.22 million, a PE ratio of 25.48 and a beta of 0.84. The stock’s 50 day simple moving average is $66.45 and its 200 day simple moving average is $64.10. Invesco QQQ Hedged Advantage ETF has a 12 month low of $57.39 and a 12 month high of $68.70.
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.
See Also
- Five stocks we like better than Invesco QQQ Hedged Advantage ETF
- Is Buying the NVIDIA Dip a Mistake? 3 Value Stocks Offer a Different Path Forward
- Costco’s Record $30 Dividend Shows Just How Strong Its Cash Machine Is
- Heavy Lifting: Can USA Rare Earth Turn Its First Sales Into Big Profits?
- These 3 Stocks Have Bought Back Billions, But Which Offers the Best Value?
Receive News & Ratings for Invesco QQQ Hedged Advantage ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ Hedged Advantage ETF and related companies with MarketBeat.com's FREE daily email newsletter.
