Wealthcare Advisory Partners LLC Decreases Stake in Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Wealthcare Advisory Partners LLC lowered its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 60.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,796 shares of the company’s stock after selling 53,699 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.21% of Invesco S&P 500 Equal Weight Income Advantage ETF worth $1,910,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Western Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the first quarter valued at approximately $194,000. Adalta Capital Management LLC bought a new stake in Invesco S&P 500 Equal Weight Income Advantage ETF during the first quarter worth $400,000. Royal Bank of Canada lifted its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF by 19.7% during the first quarter. Royal Bank of Canada now owns 83,409 shares of the company’s stock worth $4,170,000 after acquiring an additional 13,749 shares during the period. Gateway Wealth Partners LLC boosted its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 118.5% in the first quarter. Gateway Wealth Partners LLC now owns 45,198 shares of the company’s stock worth $2,260,000 after purchasing an additional 24,511 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 66.6% in the first quarter. Cetera Investment Advisers now owns 206,517 shares of the company’s stock worth $10,325,000 after purchasing an additional 82,588 shares during the last quarter.

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

Shares of NYSEARCA:RSPA opened at $55.00 on Friday. The company has a market capitalization of $1.05 billion, a PE ratio of 20.77 and a beta of 0.57. The business has a fifty day moving average price of $53.61 and a two-hundred day moving average price of $52.44. Invesco S&P 500 Equal Weight Income Advantage ETF has a 1 year low of $49.03 and a 1 year high of $55.00.

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.