Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) Shares Up 0.4% – Still a Buy?

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYFGet Free Report)’s share price shot up 0.4% during mid-day trading on Monday . The stock traded as high as $75.91 and last traded at $75.72. 11,783 shares changed hands during trading, a decline of 73% from the average session volume of 43,626 shares. The stock had previously closed at $75.43.

Invesco S&P 500 Equal Weight Financials ETF Trading Up 0.0 %

The firm has a market capitalization of $322.14 million, a price-to-earnings ratio of 15.33 and a beta of 0.83. The company has a fifty day moving average price of $68.74 and a 200-day moving average price of $64.39.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

(Get Free Report)

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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