Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Hits New 1-Year Low – Here’s What Happened

Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $39.19 and last traded at $39.26, with a volume of 324540 shares changing hands. The stock had previously closed at $39.43.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

The business’s 50 day simple moving average is $62.57 and its 200 day simple moving average is $57.54. The stock has a market cap of $4.38 billion, a P/E ratio of 27.74 and a beta of 1.66.

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.

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