Invesco Ltd. Acquires 216,221 Shares of Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Invesco Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 4.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 5,055,292 shares of the company’s stock after purchasing an additional 216,221 shares during the period. Invesco Ltd. owned approximately 61.35% of Invesco S&P 500 Equal Weight Income Advantage ETF worth $252,209,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in RSPA. LPL Financial LLC bought a new position in Invesco S&P 500 Equal Weight Income Advantage ETF during the 1st quarter valued at approximately $8,718,000. Wealthcare Advisory Partners LLC grew its stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 399.9% in the second quarter. Wealthcare Advisory Partners LLC now owns 64,780 shares of the company’s stock worth $3,232,000 after acquiring an additional 51,821 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 715.2% in the first quarter. Jane Street Group LLC now owns 64,152 shares of the company’s stock worth $3,157,000 after acquiring an additional 56,283 shares during the last quarter. Flagship Harbor Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 106.8% during the second quarter. Flagship Harbor Advisors LLC now owns 54,221 shares of the company’s stock valued at $2,705,000 after acquiring an additional 28,001 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 1,005.2% in the 1st quarter. Royal Bank of Canada now owns 49,711 shares of the company’s stock worth $2,446,000 after purchasing an additional 45,213 shares during the last quarter.

Invesco S&P 500 Equal Weight Income Advantage ETF Price Performance

Shares of Invesco S&P 500 Equal Weight Income Advantage ETF stock opened at $51.24 on Friday. Invesco S&P 500 Equal Weight Income Advantage ETF has a 1 year low of $43.04 and a 1 year high of $53.09. The firm’s 50-day moving average is $50.75 and its 200 day moving average is $50.24. The stock has a market cap of $471.41 million, a price-to-earnings ratio of 20.77 and a beta of 0.70.

Invesco S&P 500 Equal Weight Income Advantage ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Monday, November 24th were paid a $0.3925 dividend. This is a boost from Invesco S&P 500 Equal Weight Income Advantage ETF’s previous monthly dividend of $0.39. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date was Monday, November 24th.

Invesco S&P 500 Equal Weight Income Advantage ETF Profile

The Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) 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 S&P 500 Equal Weight Index. The fund also employs an options-based income strategy with equity-linked notes (ELNs) for upside participation and downside protection RSPA was launched on Jul 17, 2024 and is issued by Invesco.