Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?
by Michael Walen · The Markets DailyInvesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU – Get Free Report)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $80.88 and traded as high as $82.30. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $81.77, with a volume of 48,984 shares trading hands.
Invesco S&P 500 Equal Weight Utilities ETF Trading Down 0.7%
The firm has a market capitalization of $269.34 million, a P/E ratio of 18.42 and a beta of 0.55. The firm has a 50 day moving average price of $81.01 and a 200-day moving average price of $78.15.
Invesco S&P 500 Equal Weight Utilities ETF Company Profile
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.