Joseph P. Lucia & Associates LLC Takes Position in Invesco S&P 500 Equal Weight Financials ETF (RYF)

Joseph P. Lucia & Associates LLC purchased a new stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,905,633 shares of the company’s stock, valued at approximately $69,513,000. Invesco S&P 500 Equal Weight Financials ETF accounts for approximately 5.2% of Joseph P. Lucia & Associates LLC’s investment portfolio, making the stock its 2nd biggest position. Joseph P. Lucia & Associates LLC owned about 43.69% of Invesco S&P 500 Equal Weight Financials ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC lifted its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.2% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 14,665 shares of the company’s stock valued at $590,000 after acquiring an additional 316 shares during the period. Carmichael Hill & Associates Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the 1st quarter worth $472,000. Arkansas Financial Group Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the 1st quarter worth $208,000. Financial Gravity Wealth Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the 1st quarter worth $1,918,000. Finally, Bouchey Financial Group Ltd raised its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 1.5% during the 1st quarter. Bouchey Financial Group Ltd now owns 17,971 shares of the company’s stock worth $724,000 after buying an additional 261 shares in the last quarter.

Shares of Invesco S&P 500 Equal Weight Financials ETF stock traded up $0.03 during trading on Wednesday, reaching $41.86. 1,258 shares of the company’s stock were exchanged, compared to its average volume of 44,591. Invesco S&P 500 Equal Weight Financials ETF has a 1-year low of $33.71 and a 1-year high of $45.27.

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

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