MJP Associates Inc. ADV Purchases 27,448 Shares of Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

MJP Associates Inc. ADV increased its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 88.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 58,380 shares of the company’s stock after buying an additional 27,448 shares during the period. MJP Associates Inc. ADV owned 0.52% of Invesco S&P 500 Equal Weight Income Advantage ETF worth $2,975,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in RSPA. UBS Group AG bought a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the 3rd quarter worth about $4,769,000. SageGuard Financial Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the fourth quarter worth about $3,732,000. Jones Financial Companies Lllp increased its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 71.5% in the third quarter. Jones Financial Companies Lllp now owns 169,808 shares of the company’s stock worth $8,585,000 after purchasing an additional 70,823 shares during the last quarter. Jane Street Group LLC lifted its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 715.2% during the first quarter. Jane Street Group LLC now owns 64,152 shares of the company’s stock valued at $3,157,000 after purchasing an additional 56,283 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 1,005.2% during the first quarter. Royal Bank of Canada now owns 49,711 shares of the company’s stock valued at $2,446,000 after purchasing an additional 45,213 shares during the last quarter.

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 $51.90 on Thursday. Invesco S&P 500 Equal Weight Income Advantage ETF has a 1 year low of $47.84 and a 1 year high of $53.58. The firm has a market cap of $748.40 million, a PE ratio of 20.77 and a beta of 0.60. The company has a 50 day simple moving average of $51.21 and a two-hundred day simple moving average of $51.46.

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.