Raymond James Financial Inc. Invests $3.27 Million in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR)

Raymond James Financial Inc. purchased a new stake in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) in the 4th quarter, HoldingsChannel reports. The firm purchased 92,801 shares of the company’s stock, valued at approximately $3,265,000.

A number of other large investors also recently bought and sold shares of the business. MML Investors Services LLC boosted its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 12.4% in the 3rd quarter. MML Investors Services LLC now owns 7,610 shares of the company’s stock worth $289,000 after buying an additional 839 shares during the last quarter. Principal Securities Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 9.1% in the fourth quarter. Principal Securities Inc. now owns 5,025 shares of the company’s stock worth $177,000 after acquiring an additional 421 shares during the last quarter. IFP Advisors Inc increased its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 7.4% during the fourth quarter. IFP Advisors Inc now owns 272,529 shares of the company’s stock worth $9,589,000 after purchasing an additional 18,849 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in Invesco S&P 500 Equal Weight Real Estate ETF in the 3rd quarter valued at $760,000. Finally, Noble Wealth Management PBC acquired a new stake in Invesco S&P 500 Equal Weight Real Estate ETF during the 4th quarter worth $44,000.

Invesco S&P 500 Equal Weight Real Estate ETF Stock Down 0.3 %

Invesco S&P 500 Equal Weight Real Estate ETF stock opened at $35.37 on Friday. The company has a fifty day simple moving average of $35.73 and a 200-day simple moving average of $36.52. The firm has a market capitalization of $120.97 million, a price-to-earnings ratio of 35.56 and a beta of 1.11. Invesco S&P 500 Equal Weight Real Estate ETF has a 52-week low of $30.21 and a 52-week high of $38.94.

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.