MJP Associates Inc. ADV Purchases 27,448 Shares of Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

MJP Associates Inc. ADV grew its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 88.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 58,380 shares of the company’s stock after acquiring an additional 27,448 shares during the period. MJP Associates Inc. ADV’s holdings in Invesco S&P 500 Equal Weight Income Advantage ETF were worth $2,975,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Advisor OS LLC bought a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the 3rd quarter valued at about $1,908,000. Jones Financial Companies Lllp increased its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 71.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 169,808 shares of the company’s stock valued at $8,585,000 after purchasing an additional 70,823 shares during the last quarter. SageGuard Financial Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the 4th quarter valued at about $3,732,000. Nations Financial Group Inc. IA ADV bought a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the 4th quarter valued at about $549,000. Finally, UBS Group AG increased its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 78.4% during the 4th quarter. UBS Group AG now owns 166,576 shares of the company’s stock valued at $8,489,000 after purchasing an additional 73,199 shares during the last quarter.

Invesco S&P 500 Equal Weight Income Advantage ETF Trading Up 0.9%

Shares of Invesco S&P 500 Equal Weight Income Advantage ETF stock opened at $51.90 on Thursday. The firm has a market capitalization of $748.40 million, a PE ratio of 20.77 and a beta of 0.60. The business’s 50-day moving average price is $51.21 and its 200-day moving average price is $51.46. Invesco S&P 500 Equal Weight Income Advantage ETF has a 12 month low of $47.84 and a 12 month high of $53.58.

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.