No press releases found.
Invesco S&P 500 Equal Weight Income Advantage ETF declares monthly distribution of $0.4108
Seeking Alpha News (Mon, 23-Feb 3:44 PM ET)
The Fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the S&P 500 Equal Weight Index (the "Index") or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the Index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the Index or ETFs tracking the Index. The Fund may also hold a substantial portion of its assets in cash or cash equivalents, including treasury bills and money market funds in an effort to maintain high liquidity and to provide additional downside protection by limiting the Fund's exposure to equity market risk. The Fund is designed to generate income while providing some downside protection in the event of broad equity market downturns and also providing some equity market upside participation exposure to the Index.
Invesco S&P 500 Equal Weight Income Advantage ETF trades on the ARCA stock market under the symbol RSPA.
As of February 27, 2026, RSPA stock price declined to $52.81 with 255,920 million shares trading.
RSPA has a beta of 0.64, meaning it tends to be less sensitive to market movements. RSPA has a correlation of 0.78 to the broad based SPY ETF.
RSPA has a market cap of $666.46 million. This is considered a Small Cap stock.
RSPA has underperformed the market in the last year with a price return of +14.3% while the SPY ETF gained +18.5%. However, in the short term, RSPA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.4% vs +1.2% return in SPY. But in the last 2 weeks, RSPA shares have been beat by the market, returning +0.6% compared to an SPY return of +0.6%.
RSPA support price is $52.54 and resistance is $53.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RSPA shares will trade within this expected range on the day.
