Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Shares Climb 0.1% – Here’s What Happened

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG)’s share price traded up 0.1% during mid-day trading on Friday. The stock traded as high as $67.87 and last traded at $67.8010. Approximately 205 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 884 shares. The stock had previously closed at $67.73.

Invesco QQQ Hedged Advantage ETF Stock Up 0.1%

The firm has a market cap of $13.56 million, a P/E ratio of 32.70 and a beta of 0.83. The stock’s 50-day moving average is $66.01 and its 200-day moving average is $64.33.

Institutional Trading of Invesco QQQ Hedged Advantage ETF

An institutional investor recently bought a new stake in Invesco QQQ Hedged Advantage ETF stock. Bank of America Corp DE acquired a new position in shares of Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 25,000 shares of the company’s stock, valued at approximately $1,462,000. Bank of America Corp DE owned 12.50% of Invesco QQQ Hedged Advantage ETF as of its most recent filing with the Securities and Exchange Commission.

About Invesco QQQ Hedged Advantage ETF

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.