Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA Shares Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 118.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,198 shares of the company’s stock after purchasing an additional 24,511 shares during the period. Gateway Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight Income Advantage ETF were worth $2,260,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSPA. SageGuard Financial Group LLC bought a new position in Invesco S&P 500 Equal Weight Income Advantage ETF during the 4th quarter valued at $3,732,000. MJP Associates Inc. ADV increased its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 88.7% during the 4th quarter. MJP Associates Inc. ADV now owns 58,380 shares of the company’s stock valued at $2,975,000 after purchasing an additional 27,448 shares during the period. Nations Financial Group Inc. IA ADV bought a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter worth $549,000. Prospera Financial Services Inc bought a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter worth $1,034,000. Finally, Matthew Goff Investment Advisor LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the first quarter valued at $3,565,000.

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

Shares of Invesco S&P 500 Equal Weight Income Advantage ETF stock opened at $53.63 on Tuesday. The business has a fifty day simple moving average of $53.13 and a 200-day simple moving average of $52.24. Invesco S&P 500 Equal Weight Income Advantage ETF has a fifty-two week low of $48.85 and a fifty-two week high of $54.10. The firm has a market cap of $995.37 million, a price-to-earnings ratio of 20.77 and a beta of 0.57.

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.