Invesco QQQ (NASDAQ:QQQ – Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $388.17 and last traded at $387.57, with a volume of 4203837 shares. The stock had previously closed at $386.04.
Invesco QQQ Trading Up 0.4 %
The stock has a 50 day moving average of $365.20 and a 200-day moving average of $362.91.
Invesco QQQ Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Tuesday, September 19th were paid a $0.5389 dividend. The ex-dividend date was Monday, September 18th. This represents a $2.16 dividend on an annualized basis and a yield of 0.56%.
Institutional Investors Weigh In On Invesco QQQ
Invesco QQQ Company Profile
PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.
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