285,075 Shares of Invesco QQQ Income Advantage ETF $QQA Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new position in Invesco QQQ Income Advantage ETF (NASDAQ:QQA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 285,075 shares of the company’s stock, valued at approximately $16,283,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vise Technologies Inc. purchased a new position in Invesco QQQ Income Advantage ETF during the 3rd quarter valued at approximately $474,000. International Assets Investment Management LLC increased its stake in Invesco QQQ Income Advantage ETF by 8,554.6% in the 3rd quarter. International Assets Investment Management LLC now owns 110,000 shares of the company’s stock worth $6,283,000 after acquiring an additional 108,729 shares during the last quarter. Apollon Wealth Management LLC increased its stake in Invesco QQQ Income Advantage ETF by 7.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 57,085 shares of the company’s stock worth $3,261,000 after acquiring an additional 3,803 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in shares of Invesco QQQ Income Advantage ETF during the 3rd quarter worth approximately $299,000. Finally, Sigma Planning Corp purchased a new stake in shares of Invesco QQQ Income Advantage ETF during the 3rd quarter worth approximately $417,000.

Invesco QQQ Income Advantage ETF Stock Performance

NASDAQ QQA opened at $52.52 on Wednesday. The company has a market capitalization of $865.53 million, a P/E ratio of 27.49 and a beta of 0.96. Invesco QQQ Income Advantage ETF has a one year low of $48.20 and a one year high of $58.53. The stock has a 50 day moving average price of $55.78 and a 200-day moving average price of $54.81.

Invesco QQQ Income Advantage ETF 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.