Janney Montgomery Scott LLC Has $1.73 Million Position in Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Janney Montgomery Scott LLC boosted its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) by 40.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,609 shares of the company’s stock after acquiring an additional 9,963 shares during the quarter. Janney Montgomery Scott LLC owned 0.25% of Invesco S&P 500 Equal Weight Income Advantage ETF worth $1,730,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF by 51.6% during the fourth quarter. LPL Financial LLC now owns 643,604 shares of the company’s stock valued at $32,798,000 after purchasing an additional 219,201 shares in the last quarter. Retirement Financial Solutions LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter worth approximately $9,334,000. UBS Group AG lifted its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 78.4% during the 4th quarter. UBS Group AG now owns 166,576 shares of the company’s stock worth $8,489,000 after buying an additional 73,199 shares during the period. Jane Street Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 57.0% during the 4th quarter. Jane Street Group LLC now owns 143,360 shares of the company’s stock worth $7,306,000 after buying an additional 52,066 shares during the period. Finally, Cetera Investment Advisers boosted its stake in Invesco S&P 500 Equal Weight Income Advantage ETF by 157.8% in the 4th quarter. Cetera Investment Advisers now owns 123,929 shares of the company’s stock valued at $6,315,000 after buying an additional 75,849 shares in the last quarter.

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

Shares of NYSEARCA:RSPA opened at $53.88 on Friday. The business’s fifty day moving average price is $52.82 and its two-hundred day moving average price is $52.07. 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 stock has a market capitalization of $915.96 million, a price-to-earnings ratio of 20.77 and a beta of 0.57.

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.