Raymond James & Associates Invests $287,000 in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR)

Raymond James & Associates purchased a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 8,618 shares of the company’s stock, valued at approximately $287,000.

Separately, IFP Advisors Inc purchased a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the 4th quarter valued at about $4,734,000.

Invesco S&P 500 Equal Weight Real Estate ETF Trading Up 1.0 %

Shares of RSPR stock opened at $31.50 on Tuesday. Invesco S&P 500 Equal Weight Real Estate ETF has a 12-month low of $26.73 and a 12-month high of $33.96. The business’s 50 day moving average is $31.88 and its two-hundred day moving average is $31.26. The company has a market capitalization of $113.71 million and a P/E ratio of 33.54.

About Invesco S&P 500 Equal Weight Real Estate ETF

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms.