Invesco QQQ Income Advantage ETF (QQA) To Go Ex-Dividend on August 24th

Invesco QQQ Income Advantage ETF (NASDAQ:QQA) declared a dividend on Monday, August 24th, NASDAQ Dividends reports. Investors of record on Monday, August 24th will be given a dividend of 0.4827 per share on Friday, August 28th. The ex-dividend date is Monday, August 24th.

Invesco QQQ Income Advantage ETF Trading Up 0.6%

Shares of QQA opened at $55.67 on Wednesday. The business’s fifty day simple moving average is $56.14 and its two-hundred day simple moving average is $54.52. Invesco QQQ Income Advantage ETF has a 12 month low of $48.20 and a 12 month high of $58.53. The company has a market cap of $800.53 million, a price-to-earnings ratio of 31.47 and a beta of 0.94.

Hedge Funds Weigh In On Invesco QQQ Income Advantage ETF

A number of hedge funds have recently bought and sold shares of QQA. Sunbelt Securities Inc. boosted its holdings in Invesco QQQ Income Advantage ETF by 30.2% in the first quarter. Sunbelt Securities Inc. now owns 1,324 shares of the company’s stock worth $66,000 after purchasing an additional 307 shares during the last quarter. Kestra Advisory Services LLC raised its stake in Invesco QQQ Income Advantage ETF by 4.4% during the 1st quarter. Kestra Advisory Services LLC now owns 10,625 shares of the company’s stock valued at $530,000 after buying an additional 448 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Invesco QQQ Income Advantage ETF during the 3rd quarter valued at $25,000. NewEdge Advisors LLC bought a new position in shares of Invesco QQQ Income Advantage ETF during the 4th quarter valued at $29,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Invesco QQQ Income Advantage ETF by 6.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,150 shares of the company’s stock worth $591,000 after buying an additional 650 shares during the last quarter.

About Invesco QQQ Income Advantage ETF

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.