Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $76.83 and traded as high as $78.45. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $78.45, with a volume of 23,365 shares.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

The firm has a market capitalization of $254.18 million, a PE ratio of 18.42 and a beta of 0.55. The company has a fifty day moving average price of $76.83 and a 200-day moving average price of $73.90.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

(Get Free Report)

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

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