Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA Shares Purchased by Royal Bank of Canada

Royal Bank of Canada raised its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 19.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,409 shares of the company’s stock after buying an additional 13,749 shares during the quarter. Royal Bank of Canada’s holdings in Invesco S&P 500 Equal Weight Income Advantage ETF were worth $4,170,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Jane Street Group LLC boosted its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 715.2% in the first quarter. Jane Street Group LLC now owns 64,152 shares of the company’s stock worth $3,157,000 after acquiring an additional 56,283 shares during the last quarter. Bank of America Corp DE grew its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF by 142.0% in the second quarter. Bank of America Corp DE now owns 28,317 shares of the company’s stock valued at $1,413,000 after purchasing an additional 16,617 shares during the period. Osaic Holdings Inc. increased its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 99.9% during the second quarter. Osaic Holdings Inc. now owns 3,816 shares of the company’s stock worth $190,000 after purchasing an additional 1,907 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF during the third quarter worth approximately $156,000. Finally, Private Advisor Group LLC raised its stake in Invesco S&P 500 Equal Weight Income Advantage ETF by 74.7% during the third quarter. Private Advisor Group LLC now owns 10,471 shares of the company’s stock worth $535,000 after purchasing an additional 4,476 shares during the period.

Invesco S&P 500 Equal Weight Income Advantage ETF Stock Up 0.3%

NYSEARCA:RSPA opened at $55.00 on Friday. The company has a market cap of $1.05 billion, a P/E ratio of 20.77 and a beta of 0.57. The firm’s 50 day moving average is $53.61 and its two-hundred day moving average is $52.44. Invesco S&P 500 Equal Weight Income Advantage ETF has a fifty-two week low of $49.03 and a fifty-two week high of $55.00.

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.