Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF – Get Free Report) dropped 1.9% during mid-day trading on Monday . The company traded as low as $71.95 and last traded at $72.03. Approximately 4,847 shares changed hands during trading, a decline of 89% from the average daily volume of 43,626 shares. The stock had previously closed at $73.42.
Invesco S&P 500 Equal Weight Financials ETF Stock Down 1.9%
The stock’s 50 day moving average price is $70.73 and its 200-day moving average price is $72.27. The stock has a market capitalization of $302.55 million, a P/E ratio of 16.35 and a beta of 0.97.
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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