Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RGI) Trading Up 0.8% – Still a Buy?

Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RGIGet Free Report) shares were up 0.8% during trading on Monday . The stock traded as high as $189.80 and last traded at $189.57. Approximately 31,600 shares were traded during trading, an increase of 71% from the average daily volume of 18,468 shares. The stock had previously closed at $188.06.

Invesco S&P 500 Equal Weight Industrials ETF Stock Up 0.8 %

The stock’s 50-day simple moving average is $189.57. The stock has a market capitalization of $2.88 billion, a price-to-earnings ratio of 23.28 and a beta of 1.23.

Invesco S&P 500 Equal Weight Industrials ETF Company Profile

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Rydex S&P Equal Weight Industrials ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Industrials (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Industrials Index that consists of the common stocks of industries, such as aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, and marine, road and rail transportation infrastructure that comprise the industrials sector of the S&P 500 Index.

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