Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Plans Dividend Increase – $0.03 Per Share

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) announced a monthly dividend on Monday, February 23rd, NASDAQ Dividends reports. Investors of record on Monday, February 23rd will be paid a dividend of 0.0331 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, February 23rd. This is a 2.2% increase from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.03.

Invesco QQQ Low Volatility ETF Price Performance

Invesco QQQ Low Volatility ETF stock opened at $24.69 on Tuesday. The firm has a market capitalization of $3.95 million, a price-to-earnings ratio of 22.72 and a beta of -0.75. The company’s 50 day simple moving average is $24.40 and its 200 day simple moving average is $24.54. Invesco QQQ Low Volatility ETF has a fifty-two week low of $22.71 and a fifty-two week high of $25.74.

Institutional Trading of Invesco QQQ Low Volatility ETF

An institutional investor recently bought a new position in Invesco QQQ Low Volatility ETF stock. Kestra Advisory Services LLC acquired a new position in shares of Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,913 shares of the company’s stock, valued at approximately $70,000. Kestra Advisory Services LLC owned 1.82% of Invesco QQQ Low Volatility ETF at the end of the most recent quarter.

About Invesco QQQ Low Volatility ETF

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.