Invesco QQQ (NASDAQ:QQQ – Get Free Report)’s stock price was down 0% on Tuesday . The stock traded as low as $480.87 and last traded at $482.16. Approximately 6,480,004 shares changed hands during trading, a decline of 84% from the average daily volume of 40,034,336 shares. The stock had previously closed at $482.32.
Invesco QQQ Trading Down 1.1 %
The business’s 50-day moving average is $474.34 and its two-hundred day moving average is $446.92.
Invesco QQQ Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Monday, June 24th will be paid a dividend of $0.7615 per share. This represents a $3.05 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend is Monday, June 24th. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.57.
Institutional Investors Weigh In On Invesco QQQ
About Invesco QQQ
PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.
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