Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Reaches New 12-Month Low – Time to Sell?

Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as $37.66 and last traded at $37.85, with a volume of 180636 shares changing hands. The stock had previously closed at $38.04.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

The firm has a market capitalization of $4.29 billion, a P/E ratio of 27.74 and a beta of 1.66. The company’s 50-day simple moving average is $61.36 and its two-hundred day simple moving average is $54.94.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Technology ETF (RYT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RYT was launched on Nov 1, 2006 and is managed by Invesco.

See Also

Receive News & Ratings for Invesco S&P 500 Equal Weight Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.