Guided Capital Wealth Management LLC Acquires Shares of 13,004 Invesco QQQ Income Advantage ETF $QQA

Guided Capital Wealth Management LLC bought a new position in Invesco QQQ Income Advantage ETF (NASDAQ:QQA) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 13,004 shares of the company’s stock, valued at approximately $689,000. Invesco QQQ Income Advantage ETF comprises 0.5% of Guided Capital Wealth Management LLC’s holdings, making the stock its 29th biggest position.

Several other hedge funds have also recently made changes to their positions in QQA. Advisory Services Network LLC purchased a new position in shares of Invesco QQQ Income Advantage ETF during the 3rd quarter valued at $25,000. Osaic Holdings Inc. increased its holdings in Invesco QQQ Income Advantage ETF by 235.4% in the 2nd quarter. Osaic Holdings Inc. now owns 1,677 shares of the company’s stock worth $84,000 after acquiring an additional 1,177 shares during the last quarter. Cerity Partners LLC purchased a new stake in Invesco QQQ Income Advantage ETF in the 2nd quarter worth about $201,000. Barnett & Company Inc. bought a new stake in Invesco QQQ Income Advantage ETF in the 3rd quarter valued at about $221,000. Finally, Prospera Financial Services Inc bought a new stake in Invesco QQQ Income Advantage ETF in the 3rd quarter valued at about $233,000.

Invesco QQQ Income Advantage ETF Stock Up 3.0%

NASDAQ QQA opened at $49.88 on Wednesday. The company has a market cap of $502.79 million, a PE ratio of 31.47 and a beta of 0.87. Invesco QQQ Income Advantage ETF has a 52 week low of $39.86 and a 52 week high of $54.87. The firm’s 50-day simple moving average is $51.99 and its two-hundred day simple moving average is $52.74.

Invesco QQQ Income Advantage ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a $0.4338 dividend. The ex-dividend date of this dividend was Monday, March 23rd.

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.