Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $67.68 and traded as high as $70.14. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $69.77, with a volume of 32,218 shares traded.

Invesco S&P 500 Equal Weight Utilities ETF Trading Down 0.5 %

The firm has a market cap of $383.89 million, a P/E ratio of 19.49 and a beta of 0.63. The business’s fifty day simple moving average is $67.83 and its 200-day simple moving average is $70.03.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

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

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