Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) Trading 0.5% Higher

Posted by Mickey Rousseau on Apr 19th, 2024

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF – Get Free Report) was up 0.5% during mid-day trading on Thursday . The company traded as high as $60.00 and last traded at $59.93. Approximately 7,369 shares traded hands during trading, a decline of 83% from the average daily volume of 43,626 shares. The stock had previously closed at $59.64.

Invesco S&P 500 Equal Weight Financials ETF Stock Up 0.5 %

The stock has a market cap of $257.70 million, a P/E ratio of 15.04 and a beta of 0.96. The business’s 50-day simple moving average is $60.59 and its two-hundred day simple moving average is $56.68.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Financials ETF

A number of large investors have recently modified their holdings of the company. Private Advisor Group LLC raised its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 121.9% during the first quarter. Private Advisor Group LLC now owns 9,844 shares of the company’s stock worth $627,000 after acquiring an additional 5,407 shares in the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the first quarter worth approximately $296,000. Blair William & Co. IL purchased a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the first quarter worth approximately $169,000. Baird Financial Group Inc. raised its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 4.6% during the first quarter. Baird Financial Group Inc. now owns 6,486 shares of the company’s stock worth $413,000 after acquiring an additional 286 shares in the last quarter. Finally, Equitable Holdings Inc. increased its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 14.6% in the first 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.

About Invesco S&P 500 Equal Weight Financials ETF

(Get Free Report)

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.