Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT – Get Free Report) was down 3.4% during mid-day trading on Tuesday . The company traded as low as $37.77 and last traded at $38.17. Approximately 370,232 shares changed hands during trading, an increase of 365% from the average daily volume of 79,542 shares. The stock had previously closed at $39.52.
Invesco S&P 500 Equal Weight Technology ETF Stock Down 3.4 %
The business’s 50-day simple moving average is $43.31 and its two-hundred day simple moving average is $52.96. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 27.74 and a beta of 1.66.
About Invesco S&P 500 Equal Weight Technology ETF
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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