Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Shares Up 0.1% – What’s Next?

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) shot up 0.1% on Tuesday. The company traded as high as $37.50 and last traded at $37.35. Approximately 362 shares were traded during mid-day trading, a decline of 84% from the average session volume of 2,226 shares. The stock had previously closed at $37.32.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Down 0.1%

The firm has a market capitalization of $10.41 million, a P/E ratio of 36.92 and a beta of 1.02. The firm has a 50 day moving average of $36.77 and a 200-day moving average of $34.69.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Concurrent Investment Advisors LLC acquired a new position in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,068 shares of the company’s stock, valued at approximately $206,000. Concurrent Investment Advisors LLC owned 1.78% of Invesco Nasdaq Free Cash Flow Achievers ETF as of its most recent SEC filing.

About Invesco Nasdaq Free Cash Flow Achievers ETF

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.