Retirement Financial Solutions LLC Invests $9.33 Million in Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Retirement Financial Solutions LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 183,163 shares of the company’s stock, valued at approximately $9,334,000. Invesco S&P 500 Equal Weight Income Advantage ETF accounts for 2.7% of Retirement Financial Solutions LLC’s portfolio, making the stock its 16th biggest holding. Retirement Financial Solutions LLC owned 1.63% of Invesco S&P 500 Equal Weight Income Advantage ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Mariner LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the fourth quarter worth about $258,000. Stifel Financial Corp increased its stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 134.0% during the fourth quarter. Stifel Financial Corp now owns 14,318 shares of the company’s stock worth $730,000 after acquiring an additional 8,199 shares during the period. Wells Fargo & Company MN acquired a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the fourth quarter worth about $1,552,000. Jane Street Group LLC increased its stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 57.0% during the fourth quarter. Jane Street Group LLC now owns 143,360 shares of the company’s stock worth $7,306,000 after acquiring an additional 52,066 shares during the period. Finally, Hilton Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the fourth quarter worth about $575,000.

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

Shares of Invesco S&P 500 Equal Weight Income Advantage ETF stock opened at $53.34 on Monday. Invesco S&P 500 Equal Weight Income Advantage ETF has a 52-week low of $48.51 and a 52-week high of $53.58. The company’s 50-day simple moving average is $52.00 and its 200-day simple moving average is $51.75. The firm has a market cap of $769.16 million, a price-to-earnings ratio of 20.77 and a beta of 0.59.

About Invesco S&P 500 Equal Weight Income Advantage ETF

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.