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Invesco QQQ gained institutional interest in Q2, raised its dividend, and opened at $596.10 on Thursday.
Invesco QQQ (QQQ), the ETF tracking the Nasdaq-100 Index, saw increased institutional interest in the second quarter, with TD Private Client Wealth LLC adding a $42.96 million stake and several other firms adjusting their positions.
The fund’s quarterly dividend rose to $0.694 per share, yielding 0.5% annually, with a payout date of October 31.
QQQ opened at $596.10 on Thursday, trading within a 52-week range of $402.39 to $602.87, and maintained strong institutional ownership at 44.58%.
The ETF’s 50-day and 200-day moving averages stood at $574.71 and $525.78, respectively.
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Invesco QQQ obtuvo interés institucional en el segundo trimestre, aumentó su dividendo y abrió a $596.10 el jueves.