Invesco QQQ Trust Series 1 Stock Price and Quote (2024)

FAQs

What is Invesco Qqq Trust Series 1? ›

Invesco QQQTM is an exchange-traded fund based on the Nasdaq-100 Index® . The Fund will, under most circ*mstances, consist of all of stocks in the Index. The Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization.

Invesco QQQ's total expense ratio is 0.20%. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.

QQQ's analyst rating consensus is a Moderate Buy. This is based on the ratings of 102 Wall Streets Analysts.

The price-to-earnings ratio of the average company in the Invesco QQQ Trust is 34.4. That's on the expensive side.

QQQ Dividend Information

QQQ has a dividend yield of 0.59% and paid $2.64 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 18, 2024.

Invesco QQQ Market Price: YTD: 8.56%; 1YR: 39.27%; 3YR: 12.34%; 5YR: 20.62%; 10YR: 18.58%; Since Inception: 9.70%.

The experts have mixed opinions on the QQQ Trust, with some recommending it as a long-term hold, while others are cautious due to potential market volatility and high valuations in the tech sector. There is also concern about the impact of interest rate changes on the stock.

Historical dividend payout and yield for Invesco QQQ (QQQ) since 2005. The current TTM dividend payout for Invesco QQQ (QQQ) as of May 10, 2024 is $2.42. The current dividend yield for Invesco QQQ as of May 10, 2024 is 0.55%.

According to the latest long-term forecast, Invesco QQQ price will hit $450 by the end of 2024 and then $500 by the middle of 2025. Invesco QQQ will rise to $600 within the year of 2026, $700 in 2028, $800 in 2029, $900 in 2031, $1000 in 2033 and $1100 in 2035.

Is Invesco a good stock to buy? ›

Invesco has 12.61% upside potential, based on the analysts' average price target. Invesco has a conensus rating of Hold which is based on 2 buy ratings, 8 hold ratings and 0 sell ratings. The average price target for Invesco is $16.88.

The Telecommunications sector in QQQ was dragged lower by Charter Communications, down over 25% for the quarter. The stock was lower by over 16.5% on February 2 after it reported Q4 2023 comparable adjusted EPS that missed analysts' expectations.

Risk 1: Market risk

Although QQQ and other ETFs have helped democratize investing, the benefits of the ETF structure don't remove any of the inherent risks of investing in stocks, bonds, real estate, and other asset classes.

The QQQ ETF offers buy-and-hold investors low expenses and long-term growth potential with enough diversification to avoid the risks of betting on one company. On the downside, long-term investors in QQQ must deal with sector risk, possible overvaluation, and the absence of small caps.

However, Invesco took care of that in October 2020 by launching the Invesco Nasdaq 100 ETF (QQQM, $163.92). It's simply a cheaper version of the QQQ. At 0.15% annually, it costs 5 basis points less than its sister fund (a basis point is one one-hundredth of a percentage point).

Invesco QQQ is an exchange-traded fund (ETF) that features Apple, Google, Microsoft, and more. Invesco QQQ ETF tracks the Nasdaq-100® Index — giving you access to the performance of the 100 largest non-financial companies listed on the Nasdaq. The fund and the index are rebalanced quarterly and reconstituted annually.

Is QQQ an ETF? Yes. Invesco QQQ is a passively managed ETF that tracks the Nasdaq-100 index, which contains some of the world's most innovative companies. For more information on the companies that make up the Nasdaq-100 Index, click here.

Invesco Qqq Trust, Series 1's top holdings are Apple Inc. (US:AAPL) , Microsoft Corporation (US:MSFT) , Amazon.com, Inc. (US:AMZN) , Broadcom Inc. (US:AVGO) , and Meta Platforms, Inc.

Direct investment: One can invest through opening an International Trading Account with Angel One. Once account is opened, you can add funds in U.S. dollars to buy Invesco QQQ ETF (QQQ).