IBBQ Stock Summary and Trading Ideas (Invesco Nasdaq Biotechnology ETF | NASDAQ:IBBQ)

The Invesco Nasdaq Biotechnology ETF (Fund) is based on the Nasdaq Biotechnology Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is designed to measure the performance of securities listed on the Nasdaq Stock Market that are classified as either biotechnology or pharmaceutical companies. The Fund and the Index are reconstituted annually in December and rebalanced quarterly in March, June, September and December.

Invesco Nasdaq Biotechnology ETF trades on the NASDAQ stock market under the symbol IBBQ.

As of March 14, 2025, IBBQ stock price climbed to $22.21 with 8,481 million shares trading.

IBBQ has a market cap of $41.32 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, IBBQ traded as high as $24.84 and as low as $16.73.

IBBQ has underperformed the market in the last year with a return of +2.8%, while SPY returned +11.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IBBQ shares. However, IBBQ has outperformed the market in the last 3 month and 2 week periods, returning +0.3% and -1.7%, while SPY returned -6.5% and -5.3%, respectively. This indicates IBBQ has been having a stronger performance recently.

IBBQ support price is $21.80 and resistance is $22.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IBBQ shares will trade within this expected range on the day.