Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) Shares Bought by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. raised its position in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 76.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,363 shares of the company’s stock after buying an additional 4,938 shares during the period. Avantax Advisory Services Inc. owned about 0.19% of Invesco S&P 500 Equal Weight Income Advantage ETF worth $559,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF during the first quarter worth $382,000. Cetera Investment Advisers purchased a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the fourth quarter worth approximately $490,000. O ROURKE & COMPANY Inc purchased a new stake in Invesco S&P 500 Equal Weight Income Advantage ETF during the 4th quarter valued at approximately $604,000. Wealthcare Advisory Partners LLC acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the 1st quarter valued at $638,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF during the 1st quarter worth approximately $1,290,000.

Invesco S&P 500 Equal Weight Income Advantage ETF Trading Down 0.3%

NYSEARCA:RSPA opened at $49.72 on Wednesday. The company has a market capitalization of $388.81 million and a P/E ratio of 20.77. The firm has a 50-day moving average price of $49.69 and a two-hundred day moving average price of $49.30. Invesco S&P 500 Equal Weight Income Advantage ETF has a twelve month low of $43.04 and a twelve month high of $57.99.

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.