Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Hits New 12-Month Low – What’s Next?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $38.53 and last traded at $38.79, with a volume of 168116 shares traded. The stock had previously closed at $38.41.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 0.1 %

The business has a 50-day moving average price of $61.12 and a 200-day moving average price of $56.62. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 27.74 and a beta of 1.66.

About Invesco S&P 500 Equal Weight Technology ETF

(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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