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Invesco QQQ Income Advantage ETF declares quarterly distribution of $0.4590
Seeking Alpha News (Mon, 22-Dec 1:58 PM ET)
The Fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the NASDAQ-100 Index (the "Index") or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the Index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the Index or ETFs tracking the Index. The Fund may also hold a substantial portion of its assets in cash or cash equivalents, including treasury bills and money market funds in an effort to maintain high liquidity and to provide additional downside protection by limiting the Fund's exposure to equity market risk. The Fund is designed to generate income while providing some downside protection in the event of broad equity market downturns and also providing some equity market upside participation exposure to the Index.
Invesco QQQ Income Advantage ETF trades on the NASDAQ stock market under the symbol QQA.
As of December 23, 2025, QQA stock price climbed to $53.26 with 28,185 million shares trading.
QQA has a beta of 0.95, meaning it tends to be less sensitive to market movements. QQA has a correlation of 0.94 to the broad based SPY ETF.
QQA has a market cap of $486.26 million. This is considered a Small Cap stock.
QQA has underperformed the market in the last year with a price return of +16.8% while the SPY ETF gained +17.4%. However, in the short term, QQA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +3.9% vs +3.3% return in SPY. But in the last 2 weeks, QQA shares have been beat by the market, returning 0.0% compared to an SPY return of +0.8%.
QQA support price is $52.69 and resistance is $53.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QQA shares will trade within this expected range on the day.