Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) Short Interest Update

by · The Cerbat Gem

Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA – Get Free Report) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 35,989 shares, a drop of 39.9% from the December 15th total of 59,893 shares. Based on an average daily volume of 115,352 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 115,352 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Invesco S&P 500 Equal Weight Income Advantage ETF

Several large investors have recently bought and sold shares of RSPA. Invesco Ltd. raised its stake in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 4.5% during the 2nd quarter. Invesco Ltd. now owns 5,055,292 shares of the company’s stock worth $252,209,000 after buying an additional 216,221 shares during the last quarter. UBS Group AG purchased a new position in Invesco S&P 500 Equal Weight Income Advantage ETF during the 3rd quarter valued at about $4,769,000. Jones Financial Companies Lllp increased its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF by 71.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 169,808 shares of the company’s stock valued at $8,585,000 after acquiring an additional 70,823 shares in the last quarter. Jane Street Group LLC raised its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 715.2% during the first quarter. Jane Street Group LLC now owns 64,152 shares of the company’s stock worth $3,157,000 after acquiring an additional 56,283 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 399.9% in the second quarter. Wealthcare Advisory Partners LLC now owns 64,780 shares of the company’s stock valued at $3,232,000 after purchasing an additional 51,821 shares in the last quarter.

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

RSPA traded down $0.11 on Friday, hitting $52.34. 122,033 shares of the company were exchanged, compared to its average volume of 109,348. Invesco S&P 500 Equal Weight Income Advantage ETF has a fifty-two week low of $43.04 and a fifty-two week high of $52.70. The firm has a market capitalization of $547.48 million, a P/E ratio of 20.77 and a beta of 0.70. The business’s fifty day moving average is $51.12 and its 200 day moving average is $50.74.

Invesco S&P 500 Equal Weight Income Advantage ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 24th were paid a $0.3925 dividend. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend was Monday, November 24th. This is an increase from Invesco S&P 500 Equal Weight Income Advantage ETF’s previous monthly dividend of $0.39.

Invesco S&P 500 Equal Weight Income Advantage ETF Company Profile

(Get Free Report)

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.

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