Raymond James & Associates Grows Holdings in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF)

Raymond James & Associates grew its stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF – Get Rating) by 63.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 92,990 shares of the company’s stock after acquiring an additional 36,172 shares during the period. Raymond James & Associates owned about 1.28% of Invesco S&P 500 Equal Weight Financials ETF worth $5,246,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in RYF. Private Advisor Group LLC raised its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 121.9% in the 1st quarter. Private Advisor Group LLC now owns 9,844 shares of the company’s stock valued at $627,000 after acquiring an additional 5,407 shares during the period. U.S. Capital Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Financials ETF during the 1st quarter worth approximately $296,000. Blair William & Co. IL purchased a new stake in Invesco S&P 500 Equal Weight Financials ETF during the 1st quarter worth approximately $169,000. Baird Financial Group Inc. increased its stake in Invesco S&P 500 Equal Weight Financials ETF by 4.6% during the 1st quarter. Baird Financial Group Inc. now owns 6,486 shares of the company’s stock worth $413,000 after buying an additional 286 shares during the period. Finally, Equitable Holdings Inc. increased its stake in Invesco S&P 500 Equal Weight Financials ETF by 14.6% during the 1st quarter. Equitable Holdings Inc. now owns 5,043 shares of the company’s stock worth $321,000 after buying an additional 644 shares during the period.

Invesco S&P 500 Equal Weight Financials ETF Stock Up 0.6 %

Shares of RYF opened at $49.88 on Tuesday. Invesco S&P 500 Equal Weight Financials ETF has a fifty-two week low of $47.21 and a fifty-two week high of $62.37. The firm’s 50 day moving average price is $49.79 and its 200 day moving average price is $55.43. The company has a market cap of $326.21 million, a P/E ratio of 10.81 and a beta of 1.07.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

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The Invesco S&P 500 Equal Weight Financials ETF (RYF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted \u002F Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RYF was launched on Nov 1, 2006 and is managed by Invesco.