Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Shares Up 0.6% – Here’s Why

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) shares were up 0.6% on Wednesday . The company traded as high as $62.46 and last traded at $62.06. 403,727 shares traded hands during trading, an increase of 408% from the average session volume of 79,542 shares. The stock had previously closed at $61.68.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 0.6%

The stock has a market cap of $588.33 million, a P/E ratio of 26.94 and a beta of 1.18. The company’s fifty day simple moving average is $61.75 and its 200-day simple moving average is $52.48.

About Invesco S&P 500 Equal Weight Technology ETF

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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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