Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Stock Price Up 0.7% – What’s Next?

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) shot up 0.7% during trading on Monday. The company traded as high as $66.48 and last traded at $66.44. Approximately 632 shares were traded during trading, a decline of 29% from the average session volume of 885 shares. The stock had previously closed at $65.95.

Invesco QQQ Hedged Advantage ETF Price Performance

The business’s fifty day simple moving average is $66.77 and its two-hundred day simple moving average is $65.36. The company has a market cap of $3.35 million, a PE ratio of 32.70 and a beta of 0.79.

Institutional Investors Weigh In On Invesco QQQ Hedged Advantage ETF

A hedge fund recently bought a new position in Invesco QQQ Hedged Advantage ETF stock. Bank of America Corp DE acquired a new position in shares of Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,000 shares of the company’s stock, valued at approximately $1,462,000. Bank of America Corp DE owned about 12.50% 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.