Talon Private Wealth LLC Sells 9,667 Shares of Invesco QQQ Income Advantage ETF $QQA

Talon Private Wealth LLC lowered its stake in Invesco QQQ Income Advantage ETF (NASDAQ:QQA) by 11.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 73,982 shares of the company’s stock after selling 9,667 shares during the quarter. Talon Private Wealth LLC owned approximately 0.51% of Invesco QQQ Income Advantage ETF worth $4,264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Advisory Services Network LLC bought a new stake in shares of Invesco QQQ Income Advantage ETF during the third quarter valued at about $25,000. NewEdge Advisors LLC bought a new position in shares of Invesco QQQ Income Advantage ETF in the fourth quarter valued at approximately $29,000. Brown Lisle Cummings Inc. bought a new position in shares of Invesco QQQ Income Advantage ETF in the second quarter valued at approximately $41,000. Sunbelt Securities Inc. purchased a new position in Invesco QQQ Income Advantage ETF during the fourth quarter valued at approximately $54,000. Finally, Osaic Holdings Inc. grew its stake in Invesco QQQ Income Advantage ETF by 235.4% during the second quarter. Osaic Holdings Inc. now owns 1,677 shares of the company’s stock valued at $84,000 after acquiring an additional 1,177 shares in the last quarter.

Invesco QQQ Income Advantage ETF Stock Performance

Invesco QQQ Income Advantage ETF stock traded up $0.42 during midday trading on Friday, reaching $56.16. 109,716 shares of the stock were exchanged, compared to its average volume of 118,050. The company’s fifty day moving average is $55.92 and its 200-day moving average is $54.84. The firm has a market cap of $807.58 million, a PE ratio of 31.47 and a beta of 0.95. Invesco QQQ Income Advantage ETF has a 52 week low of $48.20 and a 52 week high of $58.53.

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.