Invesco QQQ Income Advantage ETF (NASDAQ:QQA – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $57.51 and last traded at $57.37, with a volume of 24074 shares trading hands. The stock had previously closed at $56.66.
Invesco QQQ Income Advantage ETF Price Performance
The stock has a market cap of $704.14 million, a PE ratio of 31.47 and a beta of 0.90. The business has a fifty day moving average of $53.27 and a 200 day moving average of $53.06.
Invesco QQQ Income Advantage ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were issued a dividend of $0.4861 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a c) dividend on an annualized basis and a yield of 10.2%. This is a boost from Invesco QQQ Income Advantage ETF’s previous monthly dividend of $0.46.
Institutional Inflows and Outflows
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.
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