Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA Shares Newly Acquired by StoneX Group Inc.

StoneX Group Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) during the 3rd quarter, Holdings Channel reports. The firm acquired 13,566 shares of the company’s stock, valued at approximately $699,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Brookstone Capital Management acquired a new stake in Invesco S&P 500 Equal Weight Income Advantage ETF during the 3rd quarter valued at $8,218,000. Commonwealth Equity Services LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the third quarter valued at $6,159,000. Cetera Investment Advisers increased its holdings in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 66.6% in the first quarter. Cetera Investment Advisers now owns 206,517 shares of the company’s stock valued at $10,325,000 after purchasing an additional 82,588 shares during the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the second quarter valued at $1,486,000. Finally, Gateway Wealth Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 118.5% in the first quarter. Gateway Wealth Partners LLC now owns 45,198 shares of the company’s stock valued at $2,260,000 after purchasing an additional 24,511 shares during the period.

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

Shares of RSPA opened at $53.64 on Wednesday. The firm has a market capitalization of $1.25 billion, a PE ratio of 20.77 and a beta of 0.56. The company’s 50-day moving average is $52.84 and its 200-day moving average is $52.67. Invesco S&P 500 Equal Weight Income Advantage ETF has a fifty-two week low of $49.03 and a fifty-two week high of $55.16.

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.