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

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYFGet Free Report)’s share price was up 0.5% on Thursday . The company traded as high as $60.00 and last traded at $59.93. Approximately 7,369 shares changed hands during mid-day 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 1.2 %

The business’s 50-day simple moving average is $60.61 and its two-hundred day simple moving average is $56.74. The firm has a market cap of $260.88 million, a price-to-earnings ratio of 15.04 and a beta of 0.96.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Clearstead Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Financials ETF in the third quarter worth about $46,000. Qube Research & Technologies Ltd increased its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 130.9% during the third quarter. Qube Research & Technologies Ltd now owns 1,674 shares of the company’s stock worth $85,000 after purchasing an additional 949 shares in the last quarter. Blair William & Co. IL purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF during the first quarter worth about $169,000. Money Concepts Capital Corp purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter worth about $172,000. Finally, Centaurus Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF during the first quarter worth about $203,000.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

(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.

Read More

Receive News & Ratings for Invesco S&P 500 Equal Weight Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.