Nations Financial Group Inc. IA ADV Purchases New Shares in Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Nations Financial Group Inc. IA ADV purchased a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,765 shares of the company’s stock, valued at approximately $549,000. Nations Financial Group Inc. IA ADV owned 0.10% of Invesco S&P 500 Equal Weight Income Advantage ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in RSPA. Sara Bay Financial acquired a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the fourth quarter valued at about $36,000. Brown Lisle Cummings Inc. raised its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 571.4% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 1,175 shares of the company’s stock valued at $60,000 after purchasing an additional 1,000 shares in the last quarter. Private Trust Co. NA acquired a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 3rd quarter valued at approximately $71,000. JPMorgan Chase & Co. purchased a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the 3rd quarter valued at approximately $156,000. Finally, Optima Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the 4th quarter valued at approximately $170,000.

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

RSPA stock opened at $52.11 on Monday. The firm has a 50 day simple moving average of $51.53 and a 200-day simple moving average of $51.33. The company has a market capitalization of $720.16 million, a P/E ratio of 20.77 and a beta of 0.68. Invesco S&P 500 Equal Weight Income Advantage ETF has a twelve month low of $44.80 and a twelve month high of $53.58.

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.