<div id="readability-page-1"><p>Shares of Invesco QQQ (NASDAQ:QQQ - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $402.39 and last traded at $405.93, with a volume of 24044277 shares trading hands. The stock had previously closed at $422.67.</p><h2>Invesco QQQ Price Performance</h2><ul><li>PayPal Stock: Too Cheap to Ignore, Too Strong to Miss</li></ul><p>The firm has a market cap of $263.70 billion, a price-to-earnings ratio of 30.05 and a beta of 1.11. The stock has a 50-day moving average of $495.43 and a 200-day moving average of $503.31. </p><h2>Invesco QQQ Cuts Dividend</h2><p>The company also recently declared a  dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.7157 per share. The ex-dividend date is Monday, March 24th. </p><h2>Hedge Funds Weigh In On Invesco QQQ</h2><ul><li>SPY, QQQ: The S&amp;P 500 Bounce: Relief Rally or Head Fake?</li></ul><p>Several hedge funds and other institutional investors have recently modified their holdings of QQQ. GAMMA Investing LLC lifted its stake in shares of  Invesco QQQ by 159.6% in the 4th quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund's stock valued at $1,712,000 after acquiring an additional 2,059 shares during the last quarter.  Principal Financial Group Inc. boosted its position in  Invesco QQQ by 141.0% during the third quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund's stock valued at $9,468,000 after acquiring an additional 11,351 shares during the last quarter.  NRI Wealth Management LC bought a new stake in  Invesco QQQ in the fourth quarter worth approximately $28,729,000.  Garden State Investment Advisory Services LLC increased its stake in shares of  Invesco QQQ by 13.1% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund's stock valued at $15,169,000 after acquiring an additional 3,581 shares in the last quarter.  Finally, Silverleafe Capital Partners LLC increased its stake in  Invesco QQQ by 16.8% in the fourth quarter. Silverleafe Capital Partners LLC now owns 45,312 shares of the exchange traded fund's stock valued at $23,165,000 after purchasing an additional 6,518 shares in the last quarter. Institutional investors own  44.58% of the company's stock. </p><h2>About Invesco QQQ</h2> (Get Free Report)<p>PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.</p><h2>Read More</h2><ul><li>Five stocks we like better than Invesco QQQ</li><li>What to Know About Investing in Penny Stocks</li><li>Is Microsoft Stock Too Cheap to Ignore After Its Latest Drop?</li><li>3 Best Fintech Stocks for a Portfolio Boost</li><li>Why Markets Suddenly See Opportunity in These Emerging Markets</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>Amazon Stock Bounces From Lows as Smart Money Steps In</li></ul><ul><li>3 High-Performing Tech ETFs to Diversify Your Portfolio</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Invesco QQQ Right Now?</h2><p>Before you consider Invesco QQQ, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco QQQ wasn't on the list.</p><p>While Invesco QQQ currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Invesco QQQ (NASDAQ:QQQ) Hits New 1-Year Low - Here's Why</p>

Invesco QQQ (NASDAQ:QQQ) Hits New 52-Week Low - Should You Sell?