Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Trading Down 0% – Here’s What Happened

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG)’s stock price fell 0% during trading on Tuesday . The stock traded as low as $64.29 and last traded at $63.8398. 156 shares traded hands during trading, a decline of 60% from the average session volume of 390 shares. The stock had previously closed at $63.84.

Invesco QQQ Hedged Advantage ETF Stock Performance

The company has a market capitalization of $12.77 million, a P/E ratio of 32.70 and a beta of 0.73. The firm’s fifty day moving average is $60.50 and its 200 day moving average is $60.32.

Invesco QQQ Hedged Advantage ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.0358 per share. This represents a $0.14 annualized dividend and a yield of 0.2%. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco QQQ Hedged Advantage ETF’s previous quarterly dividend of $0.03.

Hedge Funds Weigh In On Invesco QQQ Hedged Advantage ETF

An institutional investor recently bought a new position in Invesco QQQ Hedged Advantage ETF stock. Jane Street Group LLC purchased a new stake in shares of Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 47,898 shares of the company’s stock, valued at approximately $2,598,000. Jane Street Group LLC owned about 23.95% of Invesco QQQ Hedged Advantage ETF at the end of the most recent quarter.

Invesco QQQ Hedged Advantage ETF Company Profile

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.