Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Trading Up 0.8% – Should You Buy?

by · The Cerbat Gem

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS – Get Free Report) shares rose 0.8% during trading on Wednesday . The company traded as high as $31.17 and last traded at $31.14. 184,104 shares changed hands during trading, an increase of 158% from the average daily volume of 71,436 shares. The stock had previously closed at $30.88.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Up 0.8%

The firm has a market cap of $194.62 million, a price-to-earnings ratio of 17.03 and a beta of 0.59. The business has a 50 day moving average price of $30.41 and a 200-day moving average price of $30.54.

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

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Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.

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