Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) Trading Up 0% – Still a Buy?

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) shot up 0% during mid-day trading on Thursday . The stock traded as high as $25.00 and last traded at $24.93. 26,369 shares were traded during mid-day trading, a decline of 60% from the average session volume of 65,794 shares. The stock had previously closed at $24.92.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Down 0.3 %

The business has a 50-day moving average price of $48.97 and a 200-day moving average price of $54.28. The firm has a market capitalization of $201.86 million, a price-to-earnings ratio of 16.70 and a beta of 1.36.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.