Invesco QQQ Income Advantage ETF $QQA Stock Holdings Lifted by Private Advisor Group LLC

Private Advisor Group LLC increased its position in shares of Invesco QQQ Income Advantage ETF (NASDAQ:QQA) by 11.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 189,100 shares of the company’s stock after acquiring an additional 19,776 shares during the quarter. Private Advisor Group LLC owned 1.59% of Invesco QQQ Income Advantage ETF worth $9,432,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in QQA. Advisory Services Network LLC acquired a new stake in Invesco QQQ Income Advantage ETF during the 3rd quarter valued at $25,000. NewEdge Advisors LLC acquired a new stake in shares of Invesco QQQ Income Advantage ETF in the fourth quarter worth $29,000. Sunbelt Securities Inc. acquired a new stake in shares of Invesco QQQ Income Advantage ETF in the fourth quarter worth $54,000. Geneos Wealth Management Inc. purchased a new position in shares of Invesco QQQ Income Advantage ETF during the fourth quarter valued at $81,000. Finally, Osaic Holdings Inc. grew its holdings in shares of Invesco QQQ Income Advantage ETF by 235.4% during the second quarter. Osaic Holdings Inc. now owns 1,677 shares of the company’s stock valued at $84,000 after buying an additional 1,177 shares in the last quarter.

Invesco QQQ Income Advantage ETF Trading Up 0.1%

NASDAQ:QQA opened at $56.29 on Monday. The business’s fifty day moving average price is $56.52 and its 200 day moving average price is $53.87. The firm has a market capitalization of $764.42 million, a price-to-earnings ratio of 31.47 and a beta of 0.92. Invesco QQQ Income Advantage ETF has a 1-year low of $48.20 and a 1-year high of $58.53.

Invesco QQQ Income Advantage ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.5003 per share. This is a boost from Invesco QQQ Income Advantage ETF’s previous monthly dividend of $0.43. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) annualized dividend and a yield of 10.7%.

Invesco QQQ Income Advantage ETF Company Profile

The Invesco QQQ Income Advantage ETF (QQA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, fund-of-funds, that utilizes equity securities and ETFs to mirror the NASDAQ-100 Index. The fund also employs an options-based income strategy with equity-linked notes (ELNs) for upside participation and downside protection QQA was launched on Jul 17, 2024 and is issued by Invesco.