Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Trading Up 0.5% – Here’s Why

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG)’s share price was up 0.5% on Thursday . The company traded as high as $59.17 and last traded at $59.6208. Approximately 214 shares changed hands during trading, a decline of 32% from the average daily volume of 313 shares. The stock had previously closed at $59.30.

Invesco QQQ Hedged Advantage ETF Trading Up 0.5%

The firm has a 50-day simple moving average of $60.17 and a 200-day simple moving average of $59.71. The firm has a market cap of $11.92 million, a P/E ratio of 32.70 and a beta of 0.94.

Invesco QQQ Hedged Advantage ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.0312 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, December 22nd.

Hedge Funds Weigh In On Invesco QQQ Hedged Advantage ETF

A hedge fund recently bought a new stake in Invesco QQQ Hedged Advantage ETF stock. Jane Street Group LLC bought a new position in Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 47,898 shares of the company’s stock, valued at approximately $2,598,000. Jane Street Group LLC owned approximately 23.95% of Invesco QQQ Hedged Advantage ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Invesco QQQ Hedged Advantage ETF

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco QQQ Hedged Advantage ETF is an is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across communication services, consumer discretionary, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors.