UBS Group AG Grows Stock Holdings in Invesco QQQ Income Advantage ETF $QQA

UBS Group AG increased its stake in shares of Invesco QQQ Income Advantage ETF (NASDAQ:QQA) by 42.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 168,460 shares of the company’s stock after purchasing an additional 50,055 shares during the period. UBS Group AG’s holdings in Invesco QQQ Income Advantage ETF were worth $8,932,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in QQA. Jones Financial Companies Lllp grew its position in Invesco QQQ Income Advantage ETF by 85.7% during the third quarter. Jones Financial Companies Lllp now owns 330,252 shares of the company’s stock valued at $17,292,000 after buying an additional 152,432 shares during the period. Jane Street Group LLC grew its position in Invesco QQQ Income Advantage ETF by 331.5% during the second quarter. Jane Street Group LLC now owns 187,275 shares of the company’s stock valued at $9,401,000 after buying an additional 143,879 shares during the period. SageGuard Financial Group LLC bought a new stake in Invesco QQQ Income Advantage ETF during the fourth quarter valued at approximately $5,693,000. Perigon Wealth Management LLC grew its position in Invesco QQQ Income Advantage ETF by 21.1% during the fourth quarter. Perigon Wealth Management LLC now owns 238,044 shares of the company’s stock valued at $12,621,000 after buying an additional 41,548 shares during the period. Finally, Brookstone Capital Management grew its position in Invesco QQQ Income Advantage ETF by 50.1% during the fourth quarter. Brookstone Capital Management now owns 82,008 shares of the company’s stock valued at $4,348,000 after buying an additional 27,362 shares during the period.

Invesco QQQ Income Advantage ETF Stock Performance

Shares of NASDAQ QQA opened at $56.63 on Monday. The firm has a 50 day moving average of $52.75 and a 200 day moving average of $52.97. The firm has a market capitalization of $695.42 million, a price-to-earnings ratio of 31.47 and a beta of 0.90. Invesco QQQ Income Advantage ETF has a 12-month low of $46.85 and a 12-month high of $57.33.

Invesco QQQ Income Advantage ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were given a dividend of $0.4635 per share. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date was Monday, April 20th.

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.