Susquehanna International Group LLP Trims Stake in Invesco QQQ Income Advantage ETF (NASDAQ:QQA)

Susquehanna International Group LLP cut its stake in shares of Invesco QQQ Income Advantage ETF (NASDAQ:QQA) by 29.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,982 shares of the company’s stock after selling 13,603 shares during the period. Susquehanna International Group LLP owned about 1.02% of Invesco QQQ Income Advantage ETF worth $1,604,000 at the end of the most recent quarter.

Separately, Dynamic Advisor Solutions LLC purchased a new position in shares of Invesco QQQ Income Advantage ETF during the 4th quarter valued at $543,000.

Invesco QQQ Income Advantage ETF Stock Performance

Shares of QQA stock opened at $46.62 on Monday. Invesco QQQ Income Advantage ETF has a 52-week low of $39.86 and a 52-week high of $52.58. The firm has a market capitalization of $213.52 million and a PE ratio of 30.49. The stock has a fifty day simple moving average of $45.49 and a two-hundred day simple moving average of $48.79.

Invesco QQQ Income Advantage ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, April 21st were paid a $0.3753 dividend. The ex-dividend date of this dividend was Monday, April 21st.

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.