Invesco QQQ Income Advantage ETF (QQA) To Go Ex-Dividend on December 22nd

Invesco QQQ Income Advantage ETF (NASDAQ:QQA) announced a dividend on Monday, December 22nd, NASDAQ Dividends reports. Stockholders of record on Monday, December 22nd will be paid a dividend of 0.459 per share on Friday, December 26th. The ex-dividend date is Monday, December 22nd. This is a 3.3% increase from Invesco QQQ Income Advantage ETF’s previous dividend of $0.44.

Invesco QQQ Income Advantage ETF Trading Up 0.3%

NASDAQ:QQA opened at $53.40 on Wednesday. Invesco QQQ Income Advantage ETF has a 1 year low of $39.86 and a 1 year high of $54.87. The firm’s fifty day simple moving average is $53.25 and its 200 day simple moving average is $51.86. The firm has a market capitalization of $426.13 million, a PE ratio of 31.47 and a beta of 0.87.

Institutional Trading of Invesco QQQ Income Advantage ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QQA. Foundations Investment Advisors LLC boosted its position in shares of Invesco QQQ Income Advantage ETF by 4.4% in the third quarter. Foundations Investment Advisors LLC now owns 7,012 shares of the company’s stock valued at $369,000 after acquiring an additional 298 shares during the period. Advisory Services Network LLC bought a new position in shares of Invesco QQQ Income Advantage ETF during the 3rd quarter worth about $25,000. Stratos Wealth Partners LTD. raised its position in shares of Invesco QQQ Income Advantage ETF by 17.9% during the third quarter. Stratos Wealth Partners LTD. now owns 6,985 shares of the company’s stock valued at $368,000 after buying an additional 1,061 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of Invesco QQQ Income Advantage ETF by 235.4% in 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 during the period. Finally, Cetera Investment Advisers grew its position in Invesco QQQ Income Advantage ETF by 3.9% during the second quarter. Cetera Investment Advisers now owns 105,395 shares of the company’s stock worth $5,291,000 after buying an additional 3,988 shares in 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.