Shares of Invesco Top QQQ ETF (NASDAQ:QBIG – Get Free Report) traded down 0.2% on Friday . The stock traded as low as $39.03 and last traded at $39.40. 17,986 shares traded hands during mid-day trading, an increase of 142% from the average session volume of 7,422 shares. The stock had previously closed at $39.48.
Invesco Top QQQ ETF Stock Down 0.2%
The company has a 50-day simple moving average of $39.99 and a two-hundred day simple moving average of $38.22. The firm has a market cap of $35.46 million, a PE ratio of 36.25 and a beta of 1.69.
Institutional Trading of Invesco Top QQQ ETF
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE raised its stake in shares of Invesco Top QQQ ETF by 3,833.0% during the 2nd quarter. Bank of America Corp DE now owns 3,933 shares of the company’s stock valued at $129,000 after purchasing an additional 3,833 shares during the period. Financial & Tax Architects LLC bought a new stake in shares of Invesco Top QQQ ETF during the 4th quarter valued at $275,000. Geneos Wealth Management Inc. raised its stake in shares of Invesco Top QQQ ETF by 2.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 17,561 shares of the company’s stock valued at $676,000 after purchasing an additional 404 shares during the period. Jane Street Group LLC raised its stake in shares of Invesco Top QQQ ETF by 11.9% during the 1st quarter. Jane Street Group LLC now owns 19,730 shares of the company’s stock valued at $521,000 after purchasing an additional 2,103 shares during the period. Finally, ATX Financial Planning LLC bought a new stake in shares of Invesco Top QQQ ETF during the 4th quarter valued at $1,344,000.
Invesco Top QQQ ETF Company Profile
The Invesco Top QQQ ETF (QBIG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide exposure to the top 45% of the Nasdaq-100 based on market cap. This is achieved through direct equity investment and utilizing total return swaps on the equities. QBIG was launched on Dec 4, 2024 and is issued by Invesco.
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