Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Sets New 12-Month Low – What’s Next?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $38.91 and last traded at $39.08, with a volume of 871406 shares. The stock had previously closed at $38.65.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 1.4 %

The company has a market cap of $4.36 billion, a price-to-earnings ratio of 27.74 and a beta of 1.66. The stock has a 50 day simple moving average of $67.13 and a 200 day simple moving average of $57.26.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Technology ETF (RYT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RYT was launched on Nov 1, 2006 and is managed by Invesco.

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