Gradient Investments LLC Cuts Holdings in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF)

Gradient Investments LLC decreased its position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYFGet Rating) by 30.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 814 shares of the company’s stock after selling 357 shares during the period. Gradient Investments LLC’s holdings in Invesco S&P 500 Equal Weight Financials ETF were worth $52,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mutual Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter valued at about $412,000. LPL Financial LLC grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 60.9% in the fourth quarter. LPL Financial LLC now owns 364,686 shares of the company’s stock valued at $23,475,000 after purchasing an additional 138,071 shares during the period. MML Investors Services LLC grew its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 336.1% in the fourth quarter. MML Investors Services LLC now owns 35,974 shares of the company’s stock valued at $2,316,000 after purchasing an additional 27,725 shares during the period. Treasure Coast Financial Planning acquired a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter valued at about $2,582,000. Finally, Stewardship Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the first quarter valued at about $688,000.

Invesco S&P 500 Equal Weight Financials ETF Trading Down 1.2 %

Shares of NYSEARCA RYF opened at $55.82 on Friday. The company’s 50-day simple moving average is $56.44 and its 200-day simple moving average is $57.98. Invesco S&P 500 Equal Weight Financials ETF has a 52-week low of $51.40 and a 52-week high of $68.49.

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

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