Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Stock Price Down 2.1%

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS)’s stock price dropped 2.1% during trading on Friday . The stock traded as low as $25.43 and last traded at $25.43. Approximately 1,319 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 4,723 shares. The stock had previously closed at $25.96.

Invesco Nasdaq Future Gen 200 ETF Price Performance

The company’s 50-day moving average price is $26.46 and its 200 day moving average price is $26.12.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Invesco Nasdaq Future Gen 200 ETF stock. Avantax Advisory Services Inc. lifted its position in shares of Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) by 47.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,527 shares of the company’s stock after purchasing an additional 5,957 shares during the quarter. Avantax Advisory Services Inc. owned about 6.18% of Invesco Nasdaq Future Gen 200 ETF worth $487,000 as of its most recent filing with the Securities & Exchange Commission.

Invesco Nasdaq Future Gen 200 ETF Company Profile

The Invesco NASDAQ Future Gen 200 ETF (QQQS) is an exchange-traded fund that is based on the Nasdaq Innovators Completion Cap index. The fund tracks an equal-weighted index of 200 NASDAQ-listed stocks selected based on the value of their patent portfolios. The portfolio excludes the largest 200 stocks listed on NASDAQ.