Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Raises Dividend to $0.05 Per Share

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) announced a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Investors of record on Monday, July 20th will be given a dividend of 0.0481 per share on Friday, July 24th. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Monday, July 20th. This is a 0.1% increase from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.05.

Invesco QQQ Low Volatility ETF Stock Performance

NASDAQ QQLV traded down $0.19 on Monday, hitting $25.05. The stock had a trading volume of 201 shares, compared to its average volume of 1,660. Invesco QQQ Low Volatility ETF has a 52-week low of $23.63 and a 52-week high of $25.74. The company has a market capitalization of $2.25 million, a price-to-earnings ratio of 22.72 and a beta of 0.20. The firm has a 50-day moving average of $24.56 and a 200-day moving average of $24.49.

Hedge Funds Weigh In On Invesco QQQ Low Volatility ETF

An institutional investor recently bought a new position in Invesco QQQ Low Volatility ETF stock. Kestra Advisory Services LLC purchased a new stake in shares of Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 2,913 shares of the company’s stock, valued at approximately $70,000. Kestra Advisory Services LLC owned about 1.82% of Invesco QQQ Low Volatility ETF at the end of the most recent quarter.

About Invesco QQQ Low Volatility ETF

The Invesco QQQ Low Volatility ETF (QQLV) is an exchange-traded fund that is based on the Nasdaq-100 Low Volatility index. The fund tracks an index of the lowest volatility stocks from the Nasdaq-100. QQLV was launched on Dec 4, 2024 and is issued by Invesco.