Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Trading Down 0.2% – Here’s What Happened

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ)’s stock price traded down 0.2% during mid-day trading on Thursday . The company traded as low as $32.22 and last traded at $32.22. 1,293 shares were traded during mid-day trading, a decline of 47% from the average session volume of 2,458 shares. The stock had previously closed at $32.30.

Invesco Nasdaq Free Cash Flow Achievers ETF Trading Down 0.2%

The stock has a market capitalization of $12.89 million, a PE ratio of 36.92 and a beta of 1.12. The firm has a 50-day moving average price of $34.23 and a 200-day moving average price of $35.45.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.0181 per share. The ex-dividend date was Monday, December 22nd. This is an increase from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.02. This represents a $0.07 annualized dividend and a yield of 0.2%.

Institutional Trading of Invesco Nasdaq Free Cash Flow Achievers ETF

A hedge fund recently raised its stake in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Wealth Enhancement Advisory Services LLC raised its stake in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 114,652 shares of the company’s stock after acquiring an additional 5,032 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 28.66% of Invesco Nasdaq Free Cash Flow Achievers ETF worth $4,155,000 as of its most recent filing with the Securities & Exchange Commission.

Invesco Nasdaq Free Cash Flow Achievers ETF Company Profile

The Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is an exchange-traded fund that is based on the Nasdaq US Free Cash Flow Achievers index. The fund is passively managed, tracking an index composed of US-listed companies that are perceived to have strong free cash flow and show consistent growth. QOWZ was launched on Dec 6, 2023 and is issued by Invesco.