Joel Isaacson & Co. LLC Buys Shares of 6,604 Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Joel Isaacson & Co. LLC acquired a new stake in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 6,604 shares of the company’s stock, valued at approximately $329,000.

Several other institutional investors and hedge funds have also recently modified their holdings of RSPA. Barnett & Company Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 1st quarter valued at $214,000. Janney Montgomery Scott LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 1st quarter valued at $382,000. Avantax Advisory Services Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 76.9% in the 1st quarter. Avantax Advisory Services Inc. now owns 11,363 shares of the company’s stock valued at $559,000 after buying an additional 4,938 shares during the period. Wealthcare Advisory Partners LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 1st quarter valued at $638,000. Finally, Cetera Investment Advisers raised its holdings in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 42.7% in the 1st quarter. Cetera Investment Advisers now owns 13,875 shares of the company’s stock valued at $683,000 after buying an additional 4,155 shares during the period.

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

RSPA stock opened at $51.32 on Wednesday. The company has a market capitalization of $478.30 million and a PE ratio of 20.77. Invesco S&P 500 Equal Weight Income Advantage ETF has a 12-month low of $43.04 and a 12-month high of $53.54. The business’s fifty day moving average price is $50.54 and its 200 day moving average price is $49.29.

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.