Invesco QQQ (NASDAQ:QQQ – Get Free Report)’s share price traded up 1.2% during trading on Friday . The company traded as high as $482.74 and last traded at $480.78. 11,098,596 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 40,555,234 shares. The stock had previously closed at $474.85.
Invesco QQQ Trading Up 0.9 %
The firm has a 50-day moving average price of $475.07 and a two-hundred day moving average price of $453.08.
Invesco QQQ Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, June 24th were paid a dividend of $0.7615 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.57. This represents a $3.05 annualized dividend and a dividend yield of 0.64%. The ex-dividend date was Monday, June 24th.
Institutional Trading of 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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