Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Shares Up 0.2% – Still a Buy?

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHGGet Free Report)’s share price shot up 0.2% during mid-day trading on Friday . The stock traded as high as $66.21 and last traded at $66.21. 275 shares traded hands during trading, a decline of 58% from the average session volume of 659 shares. The stock had previously closed at $66.08.

Invesco QQQ Hedged Advantage ETF Price Performance

The stock has a market cap of $13.24 million, a price-to-earnings ratio of 32.70 and a beta of 0.80. The business’s 50 day moving average is $65.51 and its 200 day moving average is $62.15.

Invesco QQQ Hedged Advantage ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.0353 per share. This represents a $0.14 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Investors Weigh In On Invesco QQQ Hedged Advantage ETF

A hedge fund recently bought a new stake in Invesco QQQ Hedged Advantage ETF stock. Jane Street Group LLC acquired a new stake in Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHGFree Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 47,898 shares of the company’s stock, valued at approximately $2,598,000. Jane Street Group LLC owned approximately 23.95% of Invesco QQQ Hedged Advantage ETF at the end of the most recent reporting period.

About Invesco QQQ Hedged Advantage ETF

(Get Free Report)

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.

Further Reading

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