Janney Montgomery Scott LLC Purchases 9,963 Shares of Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Janney Montgomery Scott LLC raised its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 40.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 34,609 shares of the company’s stock after acquiring an additional 9,963 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco S&P 500 Equal Weight Income Advantage ETF were worth $1,730,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. CIBC Private Wealth Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter worth approximately $26,000. Sara Bay Financial acquired a new stake in Invesco S&P 500 Equal Weight Income Advantage ETF during the 4th quarter valued at $36,000. Brown Lisle Cummings Inc. raised its position in 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 valued at $93,000 after purchasing an additional 650 shares during the last quarter. Stenger Family Office LLC bought a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter valued at $118,000. Finally, JPMorgan Chase & Co. acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the third quarter worth $156,000.

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

Invesco S&P 500 Equal Weight Income Advantage ETF stock opened at $53.88 on Friday. The business’s fifty day moving average is $52.82 and its two-hundred day moving average is $52.07. The firm has a market cap of $915.96 million, a P/E ratio of 20.77 and a beta of 0.57. Invesco S&P 500 Equal Weight Income Advantage ETF has a 52 week low of $48.85 and a 52 week high of $54.10.

About Invesco S&P 500 Equal Weight Income Advantage ETF

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.