Talon Private Wealth LLC Trims Stake in Invesco QQQ Income Advantage ETF $QQA

Talon Private Wealth LLC lowered its holdings in Invesco QQQ Income Advantage ETF (NASDAQ:QQA) by 11.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 73,982 shares of the company’s stock after selling 9,667 shares during the quarter. Talon Private Wealth LLC’s holdings in Invesco QQQ Income Advantage ETF were worth $4,264,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of QQA. LPL Financial LLC grew its holdings in shares of Invesco QQQ Income Advantage ETF by 62.1% during the fourth quarter. LPL Financial LLC now owns 856,939 shares of the company’s stock worth $45,435,000 after purchasing an additional 328,405 shares in the last quarter. Cetera Investment Advisers raised its stake in Invesco QQQ Income Advantage ETF by 74.4% in the first quarter. Cetera Investment Advisers now owns 383,782 shares of the company’s stock valued at $19,142,000 after purchasing an additional 163,730 shares in the last quarter. Private Advisor Group LLC raised its stake in Invesco QQQ Income Advantage ETF by 11.7% in the first quarter. Private Advisor Group LLC now owns 189,100 shares of the company’s stock valued at $9,432,000 after purchasing an additional 19,776 shares in the last quarter. Jane Street Group LLC lifted 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 purchasing an additional 143,879 shares during the last quarter. Finally, UBS Group AG lifted its position in Invesco QQQ Income Advantage ETF by 42.3% during the fourth quarter. UBS Group AG now owns 168,460 shares of the company’s stock valued at $8,932,000 after purchasing an additional 50,055 shares during the last quarter.

Invesco QQQ Income Advantage ETF Price Performance

QQA stock traded up $0.42 during midday trading on Friday, reaching $56.16. The company had a trading volume of 109,716 shares, compared to its average volume of 118,050. Invesco QQQ Income Advantage ETF has a 1 year low of $48.20 and a 1 year high of $58.53. The company has a market capitalization of $807.58 million, a P/E ratio of 31.47 and a beta of 0.95. The firm has a 50-day moving average price of $55.92 and a 200-day moving average price of $54.84.

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.