Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF – Get Free Report)’s share price dropped 0.7% during mid-day trading on Tuesday. The company traded as low as $79.52 and last traded at $79.53. Approximately 25,943 shares changed hands during trading, a decline of 41% from the average daily volume of 43,626 shares. The stock had previously closed at $80.10.
Invesco S&P 500 Equal Weight Financials ETF Stock Performance
The business has a 50 day moving average of $81.80 and a two-hundred day moving average of $79.25. The firm has a market capitalization of $487.43 million, a price-to-earnings ratio of 17.29 and a beta of 1.07.
About Invesco S&P 500 Equal Weight Financials ETF
The Invesco S&P 500 Equal Weight Financials ETF (RYF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted \u002F Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RYF was launched on Nov 1, 2006 and is managed by Invesco.
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