Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RGI – Get Free Report) rose 0.8% during trading on Monday . The company traded as high as $189.80 and last traded at $189.57. Approximately 31,600 shares traded hands during mid-day trading, an increase of 71% from the average daily volume of 18,468 shares. The stock had previously closed at $188.06.
Invesco S&P 500 Equal Weight Industrials ETF Price Performance
The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of 23.28 and a beta of 1.23. The company’s fifty day moving average price is $189.57.
About Invesco S&P 500 Equal Weight Industrials ETF
Rydex S&P Equal Weight Industrials ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Industrials (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Industrials Index that consists of the common stocks of industries, such as aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, and marine, road and rail transportation infrastructure that comprise the industrials sector of the S&P 500 Index.
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