Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Trading Down 0.3% – Time to Sell?

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) was down 0.3% during trading on Wednesday . The stock traded as low as $29.94 and last traded at $29.97. Approximately 130,320 shares changed hands during mid-day trading, an increase of 82% from the average daily volume of 71,436 shares. The stock had previously closed at $30.05.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Down 0.3%

The firm has a market capitalization of $187.31 million, a price-to-earnings ratio of 17.03 and a beta of 0.59. The stock’s 50-day moving average price is $29.26 and its 200 day moving average price is $29.90.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.