Partners Wealth Management LLC Purchases 12,513 Shares of Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Partners Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 12,513 shares of the company’s stock, valued at approximately $645,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Victory Financial Group LLC acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF in the third quarter valued at $224,000. Apollon Wealth Management LLC increased its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 324.3% during the third quarter. Apollon Wealth Management LLC now owns 23,443 shares of the company’s stock worth $1,209,000 after purchasing an additional 17,918 shares in the last quarter. Steinberganna Wealth Management acquired a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the third quarter worth about $425,000. Simplicity Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the third quarter worth about $339,000. Finally, Brookstone Capital Management acquired a new stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the third quarter worth about $8,218,000.

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

Invesco S&P 500 Equal Weight Income Advantage ETF stock opened at $53.18 on Friday. Invesco S&P 500 Equal Weight Income Advantage ETF has a fifty-two week low of $49.03 and a fifty-two week high of $55.16. The company has a market capitalization of $1.24 billion, a P/E ratio of 20.77 and a beta of 0.59. The stock has a 50-day simple moving average of $53.01 and a 200-day simple moving average of $52.63.

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.