Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ – Get Free Report)’s share price traded up 1.6% during mid-day trading on Friday . The stock traded as high as $22.04 and last traded at $21.90. 50,082 shares traded hands during mid-day trading, an increase of 153% from the average session volume of 19,816 shares. The stock had previously closed at $21.56.
Invesco Nasdaq Biotechnology ETF Stock Up 1.6 %
The company has a market capitalization of $32.19 million, a P/E ratio of 16.24 and a beta of 0.61. The business has a 50 day moving average of $21.65 and a 200 day moving average of $21.06.
Invesco Nasdaq Biotechnology ETF Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.0435 dividend. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date was Monday, March 18th.
Institutional Investors Weigh In On Invesco Nasdaq Biotechnology ETF
Invesco Nasdaq Biotechnology ETF Company Profile
The Invesco Nasdaq Biotechnology ETF (IBBQ) is an exchange-traded fund that is based on the NASDAQ / Biotechnology index, a modified market-cap-weighted index of US biotechnology and pharmaceutical companies listed on the NASDAQ. IBBQ was launched on Jun 11, 2021 and is managed by Invesco.
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