NewEdge Wealth LLC Takes Position in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE)

NewEdge Wealth LLC acquired a new stake in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,065 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Morgan Stanley raised its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 77.6% in the 4th quarter. Morgan Stanley now owns 325,738 shares of the company’s stock valued at $23,678,000 after purchasing an additional 142,313 shares in the last quarter. UBS Group AG lifted its holdings in Invesco S&P 500 Equal Weight Energy ETF by 18.6% during the first quarter. UBS Group AG now owns 862,120 shares of the company’s stock worth $58,063,000 after buying an additional 135,125 shares during the period. Bensler LLC bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the 3rd quarter valued at $8,853,000. CMC Financial Group purchased a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the 2nd quarter valued at $6,740,000. Finally, Wells Fargo & Company MN raised its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 93.7% in the 4th quarter. Wells Fargo & Company MN now owns 131,479 shares of the company’s stock worth $9,557,000 after acquiring an additional 63,585 shares in the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

Shares of NYSEARCA RYE opened at $71.66 on Friday. Invesco S&P 500 Equal Weight Energy ETF has a 1-year low of $55.85 and a 1-year high of $82.02. The business has a fifty day moving average price of $72.30 and a 200 day moving average price of $74.88. The stock has a market capitalization of $513.09 million, a P/E ratio of 10.88 and a beta of 1.60.

Invesco S&P 500 Equal Weight Energy ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE)

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