Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) Short Interest Update

Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 35,989 shares, a decrease of 39.9% from the December 15th total of 59,893 shares. Based on an average daily trading volume, of 115,352 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 115,352 shares, the short-interest ratio is presently 0.3 days.

Invesco S&P 500 Equal Weight Income Advantage ETF Stock Down 0.2%

RSPA stock traded down $0.11 during trading on Friday, hitting $52.34. The company had a trading volume of 122,033 shares, compared to its average volume of 109,348. Invesco S&P 500 Equal Weight Income Advantage ETF has a 1-year low of $43.04 and a 1-year high of $52.70. The firm has a 50-day moving average price of $51.12 and a 200-day moving average price of $50.74. The firm has a market cap of $547.48 million, a PE ratio of 20.77 and a beta of 0.70.

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

The business also recently declared a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Monday, November 24th were paid a dividend of $0.3925 per share. This represents a c) annualized dividend and a dividend yield of 9.0%. This is a boost from Invesco S&P 500 Equal Weight Income Advantage ETF’s previous monthly dividend of $0.39. The ex-dividend date was Monday, November 24th.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Income Advantage ETF

Institutional investors have recently bought and sold shares of the company. Wealthcare Advisory Partners LLC increased its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 399.9% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 64,780 shares of the company’s stock worth $3,232,000 after purchasing an additional 51,821 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 237.3% in the second quarter. Janney Montgomery Scott LLC now owns 26,161 shares of the company’s stock valued at $1,305,000 after buying an additional 18,406 shares in the last quarter. 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 worth $252,209,000 after acquiring an additional 216,221 shares during the period. Perigon Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the third quarter worth $1,506,000. Finally, Flagship Harbor Advisors LLC raised its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 106.8% in the second 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 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.