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

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

Invesco QQQ Low Volatility ETF Trading Down 0.1%

The firm’s 50 day moving average is $25.02 and its two-hundred day moving average is $24.66. The stock has a market cap of $2.31 million, a price-to-earnings ratio of 22.72 and a beta of 0.17.

Invesco QQQ Low Volatility ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were paid a dividend of $0.0481 per share. 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. This represents a c) annualized dividend and a dividend yield of 2.2%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Alaska Wealth Advisors LLC purchased a new position in shares of Invesco QQQ Low Volatility ETF during the 2nd quarter worth $282,000. Northwestern Mutual Wealth Management Co. purchased a new position in Invesco QQQ Low Volatility ETF during the second quarter worth about $71,000. Finally, Kestra Advisory Services LLC purchased a new position in Invesco QQQ Low Volatility ETF during the fourth quarter worth about $70,000.

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.