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

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS)’s share price dropped 2.1% 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 Stock Performance

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

Institutional Trading of Invesco Nasdaq Future Gen 200 ETF

An institutional investor recently raised its position in Invesco Nasdaq Future Gen 200 ETF stock. Avantax Advisory Services Inc. grew its holdings in shares of Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) by 47.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,527 shares of the company’s stock after buying an additional 5,957 shares during the period. Avantax Advisory Services Inc. owned 6.18% of Invesco Nasdaq Future Gen 200 ETF worth $487,000 as of its most recent SEC filing.

About Invesco Nasdaq Future Gen 200 ETF

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.