Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Shares Up 1.9% – What’s Next?

Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report) shot up 1.9% on Tuesday . The company traded as high as $73.94 and last traded at $73.76. 32,527 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 84,640 shares. The stock had previously closed at $72.41.

Invesco S&P 500 Equal Weight Energy ETF Stock Up 1.9%

The business has a 50 day simple moving average of $71.39 and a two-hundred day simple moving average of $76.89. The firm has a market cap of $429.28 million, a PE ratio of 14.92 and a beta of 0.90.

About Invesco S&P 500 Equal Weight Energy ETF

(Get Free Report)

The Invesco S&P 500 Equal Weight Energy ETF (RYE) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RYE was launched on Nov 1, 2006 and is managed by Invesco.

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