73,234 Shares in Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA Acquired by SageGuard Financial Group LLC

SageGuard Financial Group LLC purchased a new position in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) during the fourth quarter, HoldingsChannel reports. The fund purchased 73,234 shares of the company’s stock, valued at approximately $3,732,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Sara Bay Financial acquired a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter worth approximately $36,000. Private Trust Co. NA acquired a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 3rd quarter worth approximately $71,000. Brown Lisle Cummings Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 55.3% in the 4th quarter. Brown Lisle Cummings Inc. now owns 1,825 shares of the company’s stock worth $93,000 after acquiring an additional 650 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 3rd quarter worth about $156,000. Finally, Optima Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter worth about $170,000.

Invesco S&P 500 Equal Weight Income Advantage ETF Stock Down 0.6%

Invesco S&P 500 Equal Weight Income Advantage ETF stock opened at $51.80 on Tuesday. Invesco S&P 500 Equal Weight Income Advantage ETF has a 52 week low of $44.80 and a 52 week high of $53.58. The firm’s 50-day simple moving average is $51.51 and its 200 day simple moving average is $51.33. The firm has a market capitalization of $715.88 million, a PE ratio of 20.77 and a beta of 0.68.

Invesco S&P 500 Equal Weight Income Advantage ETF Company 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.