Invesco QQQ Income Advantage ETF (NASDAQ:QQA) Announces Monthly Dividend of $0.44

Invesco QQQ Income Advantage ETF (NASDAQ:QQAGet Free Report) declared a monthly dividend on Monday, November 24th, NASDAQ Dividends reports. Shareholders of record on Monday, November 24th will be paid a dividend of 0.4431 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date is Monday, November 24th.

Invesco QQQ Income Advantage ETF Trading Up 1.4%

QQA traded up $0.74 on Monday, hitting $52.36. 77,234 shares of the company’s stock were exchanged, compared to its average volume of 63,814. Invesco QQQ Income Advantage ETF has a fifty-two week low of $39.86 and a fifty-two week high of $54.87. The firm has a 50-day moving average price of $52.97 and a 200-day moving average price of $51.06. The stock has a market cap of $417.83 million, a price-to-earnings ratio of 31.47 and a beta of 0.87.

Hedge Funds Weigh In On Invesco QQQ Income Advantage ETF

A number of institutional investors and hedge funds have recently bought and sold shares of QQA. Advisory Services Network LLC acquired a new stake in Invesco QQQ Income Advantage ETF in the 3rd quarter valued at about $25,000. Osaic Holdings Inc. grew its position 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 purchasing an additional 1,177 shares in the last quarter. Cerity Partners LLC acquired a new stake in shares of Invesco QQQ Income Advantage ETF in the second quarter valued at approximately $201,000. Barnett & Company Inc. purchased a new position in Invesco QQQ Income Advantage ETF during the third quarter worth approximately $221,000. Finally, Prospera Financial Services Inc purchased a new position in Invesco QQQ Income Advantage ETF during the third quarter worth approximately $233,000.

Invesco QQQ Income Advantage ETF Company Profile

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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.

Further Reading

Dividend History for Invesco QQQ Income Advantage ETF (NASDAQ:QQA)

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