Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Shares Down 0.1% – Here’s Why

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) shares dropped 0.1% on Friday . The company traded as low as $25.68 and last traded at $25.68. 419 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 1,607 shares. The stock had previously closed at $25.70.

Invesco QQQ Low Volatility ETF Price Performance

The stock has a 50-day simple moving average of $25.02 and a 200 day simple moving average of $24.66. The company has a market capitalization of $2.31 million, a PE ratio of 22.72 and a beta of 0.17.

Invesco QQQ Low Volatility ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were paid a $0.0481 dividend. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Monday, July 20th. This is a positive change from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.05.

Hedge Funds Weigh In On Invesco QQQ Low Volatility ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QQLV. Kestra Advisory Services LLC acquired a new stake in shares of Invesco QQQ Low Volatility ETF in the fourth quarter valued at approximately $70,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Invesco QQQ Low Volatility ETF in the 2nd quarter valued at approximately $71,000. Finally, Alaska Wealth Advisors LLC acquired a new stake in Invesco QQQ Low Volatility ETF during the 2nd quarter valued at $282,000.

Invesco QQQ Low Volatility ETF Company Profile

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.