Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $81.82 and traded as low as $80.97. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $81.28, with a volume of 11,821 shares trading hands.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

The firm has a market capitalization of $263.35 million, a PE ratio of 18.42 and a beta of 0.55. The firm has a fifty day moving average price of $81.82 and a 200 day moving average price of $78.56.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

(Get Free Report)

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.

Further Reading

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