Pacific Sun Financial Corp Purchases New Position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU)

Pacific Sun Financial Corp acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 7,498 shares of the company’s stock, valued at approximately $850,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. FMR LLC grew its stake in Invesco S&P 500 Equal Weight Utilities ETF by 87.1% during the first quarter. FMR LLC now owns 262 shares of the company’s stock worth $30,000 after buying an additional 122 shares during the last quarter. Citigroup Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF in the 4th quarter worth approximately $30,000. Heritage Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight Utilities ETF by 100.0% during the 4th quarter. Heritage Wealth Management LLC now owns 264 shares of the company’s stock worth $31,000 after acquiring an additional 132 shares during the last quarter. Moisand Fitzgerald Tamayo LLC bought a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 1st quarter worth approximately $34,000. Finally, WealthShield Partners LLC acquired a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 1st quarter valued at $45,000.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

Invesco S&P 500 Equal Weight Utilities ETF stock traded down $0.23 on Monday, reaching $54.85. The company’s stock had a trading volume of 28,600 shares, compared to its average volume of 33,303. The business’s fifty day moving average price is $61.71 and its 200 day moving average price is $94.43. The company has a market cap of $337.33 million, a price-to-earnings ratio of 18.58 and a beta of 0.55. Invesco S&P 500 Equal Weight Utilities ETF has a twelve month low of $99.69 and a twelve month high of $127.59.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

The Invesco S&P 500 Equal Weight Utilities ETF (RYU) is an exchange-traded fund that mostly invests in utilities equity. The fund tracks an equal-weighted index of S&P 500 utilities companies. RYU was launched on Nov 1, 2006 and is managed by Invesco.