Invesco QQQ shares surged 1.4% during mid-day trading on Wednesday, reaching a high of $616.83. The stock traded as low as $606.3390 and saw a 13% decrease in volume compared to its average daily session volume.
The company recently declared a quarterly dividend, paying investors with a record date of December 22nd. This represents an annualized dividend yield of 0.5%. With this increase, the dividend payout has jumped from $0.69 to $0.7941 per share.
Institutional investors have been actively buying and selling Invesco QQQ shares in recent quarters. Hedge funds like Corient Private Wealth LLC and Bank of America Corp DE have increased their stakes in the stock, while others have reduced their positions. As a result, 44.58% of the shares are now owned by hedge funds and institutional investors.
Invesco QQQ is a unit investment trust that tracks the Nasdaq-100 Index, providing investors with exposure to large-cap US companies. The trust’s objective is to replicate the price and yield performance of the index, offering investors a diversified portfolio of securities.
Source: https://www.marketbeat.com/instant-alerts/invesco-qqq-nasdaqqqq-stock-price-up-14-whats-next-2026-02-25