Prevail Innovative Wealth Advisors LLC Invests $3.21 Million in Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Prevail Innovative Wealth Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 63,057 shares of the company’s stock, valued at approximately $3,213,000.

Several other institutional investors have also recently bought and sold shares of RSPA. UBS Group AG bought a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the 3rd quarter worth approximately $4,769,000. SageGuard Financial Group LLC bought a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter worth approximately $3,732,000. Jones Financial Companies Lllp raised its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 71.5% in the 3rd 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 raised its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 715.2% in the 1st quarter. Jane Street Group LLC now owns 64,152 shares of the company’s stock worth $3,157,000 after purchasing an additional 56,283 shares during the last quarter. Finally, Royal Bank of Canada raised its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 1,005.2% in the 1st quarter. Royal Bank of Canada now owns 49,711 shares of the company’s stock worth $2,446,000 after purchasing an additional 45,213 shares during the last quarter.

Invesco S&P 500 Equal Weight Income Advantage ETF Stock Up 0.9%

Invesco S&P 500 Equal Weight Income Advantage ETF stock opened at $51.90 on Thursday. The business’s 50-day simple moving average is $51.21 and its 200 day simple moving average is $51.46. The stock has a market cap of $748.40 million, a price-to-earnings ratio of 20.77 and a beta of 0.60. Invesco S&P 500 Equal Weight Income Advantage ETF has a 12-month low of $47.84 and a 12-month high of $53.58.

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.