Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Trading at $77.84

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) shares shot up 0% on Friday. The company traded as high as $78.3059 and last traded at $77.84. 50,095 shares changed hands during mid-day trading, an increase of 50% from the average session volume of 33,303 shares. The stock had previously closed at $77.82.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 0.0%

The business has a fifty day moving average price of $74.27 and a two-hundred day moving average price of $78.51. The company has a market cap of $252.20 million, a price-to-earnings ratio of 17.25 and a beta of 0.55.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Invesco S&P 500 Equal Weight Utilities ETF stock. Compass Financial Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 1,938 shares of the company’s stock, valued at approximately $157,000. Compass Financial Management LLC owned 0.06% of Invesco S&P 500 Equal Weight Utilities ETF as of its most recent filing with the SEC.

About Invesco S&P 500 Equal Weight Utilities ETF

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.