Pacific Sun Financial Corp Buys Shares of 14,095 Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF)

Pacific Sun Financial Corp purchased a new stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,095 shares of the company’s stock, valued at approximately $711,000. Pacific Sun Financial Corp owned 0.22% of Invesco S&P 500 Equal Weight Financials ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in RYF. Moisand Fitzgerald Tamayo LLC bought a new position in Invesco S&P 500 Equal Weight Financials ETF in the 1st quarter valued at about $35,000. Blair William & Co. IL acquired a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the first quarter valued at approximately $169,000. Money Concepts Capital Corp bought a new stake in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter worth approximately $172,000. Centaurus Financial Inc. acquired a new stake in Invesco S&P 500 Equal Weight Financials ETF in the first quarter worth approximately $203,000. Finally, Wealthcare Advisory Partners LLC bought a new position in Invesco S&P 500 Equal Weight Financials ETF during the 4th quarter valued at $204,000.

Invesco S&P 500 Equal Weight Financials ETF Stock Performance

Shares of RYF stock traded up $0.73 during mid-day trading on Monday, hitting $50.65. 49,400 shares of the stock traded hands, compared to its average volume of 43,626. The firm has a market cap of $262.37 million, a price-to-earnings ratio of 10.81 and a beta of 1.07. The company’s 50-day simple moving average is $52.85 and its 200-day simple moving average is $51.37. Invesco S&P 500 Equal Weight Financials ETF has a twelve month low of $47.21 and a twelve month high of $62.37.

About Invesco S&P 500 Equal Weight Financials ETF

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.