Jones Financial Companies Lllp Increases Stake in Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Jones Financial Companies Lllp raised its holdings in shares of Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 71.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 169,808 shares of the company’s stock after acquiring an additional 70,823 shares during the quarter. Jones Financial Companies Lllp owned approximately 1.85% of Invesco S&P 500 Equal Weight Income Advantage ETF worth $8,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Invesco Ltd. grew its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF by 4.5% during the second quarter. Invesco Ltd. now owns 5,055,292 shares of the company’s stock valued at $252,209,000 after purchasing an additional 216,221 shares during the period. Jane Street Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 715.2% during the 1st quarter. Jane Street Group LLC now owns 64,152 shares of the company’s stock valued at $3,157,000 after buying an additional 56,283 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 1,005.2% during the 1st quarter. Royal Bank of Canada now owns 49,711 shares of the company’s stock valued at $2,446,000 after acquiring an additional 45,213 shares during the period. Perigon Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the 3rd quarter valued at approximately $1,506,000. Finally, Flagship Harbor Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF by 106.8% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 54,221 shares of the company’s stock worth $2,705,000 after acquiring an additional 28,001 shares in the last quarter.

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

NYSEARCA RSPA opened at $52.05 on Friday. The stock has a market cap of $585.04 million, a price-to-earnings ratio of 20.77 and a beta of 0.70. Invesco S&P 500 Equal Weight Income Advantage ETF has a 12 month low of $43.04 and a 12 month high of $52.71. The company’s 50 day moving average is $51.61 and its two-hundred day moving average is $50.93.

Invesco S&P 500 Equal Weight Income Advantage ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.4056 per share. This is a boost from Invesco S&P 500 Equal Weight Income Advantage ETF’s previous monthly dividend of $0.40. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date of this dividend was Tuesday, January 20th.

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.