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RYJ (Invesco Raymond James SB-1 Equity ETF) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
See exactly how RYJ's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for RYJ and 80,000+ other tickers.
The fund is designed to typically allocate at least 90% of its overall assets to the securities constituting its benchmark index. This underlying index, which is meticulously compiled, maintained, and computed by an index provider, strictly follows its established protocols and guidelines. The index itself is exclusively composed of U.S.-listed equity securities that have been assigned a "Strong Buy 1" (SB-1) rating by an entity affiliated with the index provider.
During the shortened trading week leading up to the Easter holiday, a total of 10 new ETFs launched on the U.S. market. These include funds from BlackRock, Morgan Stanley, VanEck, Invesco, Eagle Capital and Inspire.
The last full week of the year was a busy one, with 18 new ETFs launching. Among the rolled-out funds were offerings from Texas Capital, PlanRock, PGIM, John Hancock, SP Funds, Bancreek, KB Asset Management, ProShares, and WisdomTree.
With only four trading days during the week, ETF launches were few and far between. Only four new funds launched this week.
RYJ is a passively managed fund with an active ingredient beneath the surface. Stocks that have been added since the previous coverage in May now account for almost 15%. Factor exposure has mostly deteriorated, including on the valuation, quality, and growth fronts. The fund has surprised to the upside in the summer, which still changes nothing fundamentally about my overall skepticism.
I would like to provide the sentiment update on RYJ, a quasi-actively managed fairly expensive high-turnover fund I previously covered in March, with an overall skeptical tone. Despite meaningful changes in the mix and the fact that RYJ has underperformed the S&P 500 by ~12% since previous coverage, there is no reason to upgrade it.