Invesco QQQ Income Advantage ETF $QQA Stock Position Increased by Brookstone Capital Management

Brookstone Capital Management grew its position in Invesco QQQ Income Advantage ETF (NASDAQ:QQA) by 50.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 82,008 shares of the company’s stock after purchasing an additional 27,362 shares during the period. Brookstone Capital Management owned approximately 0.86% of Invesco QQQ Income Advantage ETF worth $4,348,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in shares of Invesco QQQ Income Advantage ETF during the third quarter valued at approximately $25,000. Osaic Holdings Inc. grew 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 buying an additional 1,177 shares in the last quarter. Cerity Partners LLC bought a new position in Invesco QQQ Income Advantage ETF in the 2nd quarter worth approximately $201,000. Barnett & Company Inc. acquired a new stake in Invesco QQQ Income Advantage ETF in the 3rd quarter valued at approximately $221,000. Finally, Prospera Financial Services Inc acquired a new stake in Invesco QQQ Income Advantage ETF in the 3rd quarter valued at approximately $233,000.

Invesco QQQ Income Advantage ETF Price Performance

Shares of Invesco QQQ Income Advantage ETF stock opened at $50.44 on Thursday. Invesco QQQ Income Advantage ETF has a 1-year low of $39.86 and a 1-year high of $54.87. The business’s fifty day moving average price is $51.94 and its two-hundred day moving average price is $52.73. The company has a market capitalization of $508.44 million, a P/E ratio of 31.47 and a beta of 0.87.

Invesco QQQ Income Advantage ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.4338 per share. The ex-dividend date 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.