Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $80.12 and traded as low as $78.33. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $79.17, with a volume of 18,996 shares.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

The stock has a market capitalization of $251.75 million, a price-to-earnings ratio of 18.42 and a beta of 0.55. The firm has a fifty day moving average of $80.02 and a 200 day moving average of $78.73.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

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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.

Further Reading

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