Raymond James & Associates Buys 1,845 Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE)

Raymond James & Associates raised its stake in shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE – Get Rating) by 3.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 53,862 shares of the company’s stock after acquiring an additional 1,845 shares during the period. Raymond James & Associates’ holdings in Invesco S&P 500 Equal Weight Energy ETF were worth $3,915,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Essex Financial Services Inc. lifted its stake in Invesco S&P 500 Equal Weight Energy ETF by 4.5% during the 3rd quarter. Essex Financial Services Inc. now owns 3,624 shares of the company’s stock valued at $221,000 after acquiring an additional 156 shares during the period. Bank of Montreal Can lifted its stake in Invesco S&P 500 Equal Weight Energy ETF by 3.0% during the 4th quarter. Bank of Montreal Can now owns 5,466 shares of the company’s stock valued at $397,000 after acquiring an additional 161 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in Invesco S&P 500 Equal Weight Energy ETF by 2.5% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 8,564 shares of the company’s stock valued at $623,000 after acquiring an additional 207 shares during the period. Regal Investment Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight Energy ETF by 3.4% during the 3rd quarter. Regal Investment Advisors LLC now owns 6,962 shares of the company’s stock valued at $425,000 after acquiring an additional 232 shares during the period. Finally, IFP Advisors Inc lifted its stake in Invesco S&P 500 Equal Weight Energy ETF by 2.1% during the 3rd quarter. IFP Advisors Inc now owns 14,814 shares of the company’s stock valued at $972,000 after acquiring an additional 298 shares during the period.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

RYE opened at $66.78 on Thursday. Invesco S&P 500 Equal Weight Energy ETF has a 52-week low of $55.85 and a 52-week high of $82.02. The stock has a market capitalization of $508.18 million, a P/E ratio of 10.88 and a beta of 1.60. The company’s 50-day simple moving average is $67.55 and its two-hundred day simple moving average is $71.28.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

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The Invesco S&P 500 Equal Weight Energy ETF (RYE) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RYE was launched on Nov 1, 2006 and is managed by Invesco.