Triad Wealth Partners LLC Has $3.84 Million Holdings in Invesco QQQ Income Advantage ETF $QQA

Triad Wealth Partners LLC boosted its position in shares of Invesco QQQ Income Advantage ETF (NASDAQ:QQA) by 225.0% in the first quarter, Holdings Channel.com reports. The firm owned 76,951 shares of the company’s stock after acquiring an additional 53,272 shares during the period. Triad Wealth Partners LLC’s holdings in Invesco QQQ Income Advantage ETF were worth $3,838,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of QQA. Advisory Services Network LLC bought a new stake in shares of Invesco QQQ Income Advantage ETF in the third quarter valued at about $25,000. NewEdge Advisors LLC bought a new position in shares of Invesco QQQ Income Advantage ETF during the fourth quarter worth about $29,000. Sunbelt Securities Inc. acquired a new stake in Invesco QQQ Income Advantage ETF in the 4th quarter valued at approximately $54,000. Geneos Wealth Management Inc. acquired a new stake in Invesco QQQ Income Advantage ETF in the 4th quarter valued at approximately $81,000. Finally, Osaic Holdings Inc. raised its position 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 valued at $84,000 after buying an additional 1,177 shares during the last quarter.

Invesco QQQ Income Advantage ETF Stock Performance

NASDAQ QQA opened at $58.29 on Friday. Invesco QQQ Income Advantage ETF has a 52 week low of $48.20 and a 52 week high of $58.53. The stock’s 50 day moving average price is $55.83 and its two-hundred day moving average price is $53.66. The stock has a market capitalization of $715.80 million, a price-to-earnings ratio of 31.47 and a beta of 0.93.

Invesco QQQ Income Advantage ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be issued a $0.5003 dividend. This is a boost from Invesco QQQ Income Advantage ETF’s previous dividend of $0.43. The ex-dividend date is Monday, June 22nd.

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.