Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Shares Up 0.7% – Here’s Why

Shares of Invesco QQQ Low Volatility ETF (NASDAQ:QQLVGet Free Report) rose 0.7% during trading on Monday . The stock traded as high as $24.34 and last traded at $24.36. Approximately 50 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 3,021 shares. The stock had previously closed at $24.19.

Invesco QQQ Low Volatility ETF Price Performance

The firm has a 50 day simple moving average of $24.17 and a 200-day simple moving average of $24.70. The stock has a market capitalization of $3.90 million, a price-to-earnings ratio of 22.72 and a beta of -0.75.

Invesco QQQ Low Volatility ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.0554 per share. This is an increase from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.03. The ex-dividend date was Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%.

Invesco QQQ Low Volatility ETF Company Profile

(Get Free Report)

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.

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