Lane Brothers & Co. Inc. Purchases New Shares in Invesco S&P 500 Equal Weight Income Advantage ETF $RSPA

Lane Brothers & Co. Inc. acquired a new position in Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 118,227 shares of the company’s stock, valued at approximately $6,025,000. Invesco S&P 500 Equal Weight Income Advantage ETF makes up approximately 4.4% of Lane Brothers & Co. Inc.’s investment portfolio, making the stock its 7th biggest holding. Lane Brothers & Co. Inc. owned approximately 1.05% of Invesco S&P 500 Equal Weight Income Advantage ETF at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in RSPA. NBC Securities Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 8.0% during the 4th quarter. NBC Securities Inc. now owns 4,259 shares of the company’s stock valued at $217,000 after buying an additional 316 shares in the last quarter. Stratos Investment Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 4.3% in the 4th quarter. Stratos Investment Management LLC now owns 9,773 shares of the company’s stock worth $498,000 after acquiring an additional 404 shares in the last quarter. CIBC Private Wealth Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF in the 4th quarter worth about $26,000. Bank of America Corp DE increased its stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 2.0% in the 3rd quarter. Bank of America Corp DE now owns 28,875 shares of the company’s stock worth $1,475,000 after acquiring an additional 558 shares in the last quarter. Finally, Brown Lisle Cummings Inc. lifted its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 55.3% during the 4th quarter. Brown Lisle Cummings Inc. now owns 1,825 shares of the company’s stock valued at $93,000 after acquiring an additional 650 shares during the period.

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

NYSEARCA:RSPA opened at $53.20 on Friday. Invesco S&P 500 Equal Weight Income Advantage ETF has a one year low of $48.51 and a one year high of $53.76. The company’s 50-day simple moving average is $52.27 and its 200 day simple moving average is $51.83. The firm has a market capitalization of $767.14 million, a P/E ratio of 20.77 and a beta of 0.59.

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.