Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Stock Price Up 3.8%

Shares of Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) shot up 3.8% on Thursday . The stock traded as high as $26.16 and last traded at $26.09. 8,940 shares traded hands during mid-day trading, an increase of 87% from the average session volume of 4,793 shares. The stock had previously closed at $25.14.

Invesco Nasdaq Future Gen 200 ETF Price Performance

The stock’s 50-day moving average is $26.04 and its 200-day moving average is $26.09.

Institutional Investors Weigh In On Invesco Nasdaq Future Gen 200 ETF

A hedge fund recently raised its stake in Invesco Nasdaq Future Gen 200 ETF stock. Avantax Advisory Services Inc. lifted its position in Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) by 47.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,527 shares of the company’s stock after buying an additional 5,957 shares during the period. Avantax Advisory Services Inc. owned approximately 6.18% of Invesco Nasdaq Future Gen 200 ETF worth $487,000 at the end of the most recent reporting period.

About Invesco Nasdaq Future Gen 200 ETF

The Invesco NASDAQ Future Gen 200 ETF (QQQS) is an exchange-traded fund that is based on the Nasdaq Innovators Completion Cap index. The fund tracks an equal-weighted index of 200 NASDAQ-listed stocks selected based on the value of their patent portfolios. The portfolio excludes the largest 200 stocks listed on NASDAQ.