Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Trading 0.4% Higher – Should You Buy?

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS)’s stock price traded up 0.4% during mid-day trading on Monday . The company traded as high as $28.09 and last traded at $28.09. 2,571 shares traded hands during trading, a decline of 34% from the average session volume of 3,892 shares. The stock had previously closed at $27.98.

Invesco Nasdaq Future Gen 200 ETF Trading Up 0.4%

The stock has a fifty day moving average price of $25.60 and a 200-day moving average price of $25.84.

Invesco Nasdaq Future Gen 200 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were issued a dividend of $0.0917 per share. This represents a $0.37 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend was Monday, June 23rd.

Institutional Trading of Invesco Nasdaq Future Gen 200 ETF

An institutional investor recently raised its position in Invesco Nasdaq Future Gen 200 ETF stock. Avantax Advisory Services Inc. lifted its position in shares of Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) by 21.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 32,424 shares of the company’s stock after purchasing an additional 5,663 shares during the quarter. Avantax Advisory Services Inc. owned about 10.46% of Invesco Nasdaq Future Gen 200 ETF worth $932,000 as of its most recent filing with the SEC.

Invesco Nasdaq Future Gen 200 ETF Company Profile

The Invesco NASDAQ Future Gen 200 ETF (QQQS) is an exchange-traded fund that is based on the Nasdaq Innovators Completion Cap index. The fund tracks an equal-weighted index of 200 NASDAQ-listed stocks selected based on the value of their patent portfolios. The portfolio excludes the largest 200 stocks listed on NASDAQ.