Invesco S&P 500 Equal Weight Income Advantage ETF (NYSEARCA:RSPA) Short Interest Down 39.9% in December

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

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Income Advantage ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wealthcare Advisory Partners LLC boosted its position 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 acquiring an additional 51,821 shares during the period. Invesco Ltd. boosted its holdings in Invesco S&P 500 Equal Weight Income Advantage ETF by 4.5% in the 2nd quarter. Invesco Ltd. now owns 5,055,292 shares of the company’s stock valued at $252,209,000 after purchasing an additional 216,221 shares during the period. Janney Montgomery Scott LLC grew its position in Invesco S&P 500 Equal Weight Income Advantage ETF by 237.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 26,161 shares of the company’s stock worth $1,305,000 after purchasing an additional 18,406 shares during the last quarter. Perigon Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Income Advantage ETF during the 3rd quarter worth about $1,506,000. Finally, Flagship Harbor Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Income Advantage ETF by 106.8% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 54,221 shares of the company’s stock worth $2,705,000 after purchasing an additional 28,001 shares during the period.

Invesco S&P 500 Equal Weight Income Advantage ETF Stock Down 0.2%

Shares of NYSEARCA:RSPA traded down $0.11 during trading on Friday, reaching $52.34. The stock had a trading volume of 122,033 shares, compared to its average volume of 109,348. The stock has a fifty day simple moving average of $51.16 and a two-hundred day simple moving average of $50.76. Invesco S&P 500 Equal Weight Income Advantage ETF has a 52 week low of $43.04 and a 52 week high of $52.70. The firm has a market capitalization of $553.76 million, a price-to-earnings ratio of 20.77 and a beta of 0.70.

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

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

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.