Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $79.63 and traded as high as $83.12. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $82.47, with a volume of 35,267 shares changing hands.

Invesco S&P 500 Equal Weight Utilities ETF Stock Down 0.9%

The firm has a market cap of $267.20 million, a price-to-earnings ratio of 18.42 and a beta of 0.55. The company’s fifty day moving average is $79.63 and its 200 day moving average is $77.47.

About Invesco S&P 500 Equal Weight Utilities ETF

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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.

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