Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA Stock Holdings Lifted by Lane Brothers & Co. Inc.

Lane Brothers & Co. Inc. grew its position in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 10.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 130,067 shares of the company’s stock after purchasing an additional 11,840 shares during the period. Invesco S&P 500 Equal Weight Income Advantage ETF comprises about 4.7% of Lane Brothers & Co. Inc.’s holdings, making the stock its 6th largest position. Lane Brothers & Co. Inc.’s holdings in Invesco S&P 500 Equal Weight Income Advantage ETF were worth $6,503,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. CIBC Private Wealth Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the 4th quarter worth about $26,000. Sara Bay Financial bought a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter valued at approximately $36,000. Brown Lisle Cummings Inc. increased its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF by 55.3% in the fourth quarter. Brown Lisle Cummings Inc. now owns 1,825 shares of the company’s stock worth $93,000 after buying an additional 650 shares during the last quarter. Stenger Family Office LLC acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the fourth quarter worth approximately $118,000. Finally, JPMorgan Chase & Co. bought a new position in Invesco S&P 500 Equal Weight Income Advantage ETF during the third quarter valued at approximately $156,000.

Invesco S&P 500 Equal Weight Income Advantage ETF Stock Down 0.1%

NYSEARCA RSPA opened at $53.57 on Thursday. The stock has a market capitalization of $958.90 million, a PE ratio of 20.77 and a beta of 0.57. The company has a 50 day moving average price of $52.92 and a two-hundred day moving average price of $52.12. Invesco S&P 500 Equal Weight Income Advantage ETF has a 12-month low of $48.85 and a 12-month high of $54.10.

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.