Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Share Price Passes Above 50 Day Moving Average of $95.40

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $95.40 and traded as high as $101.82. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $101.46, with a volume of 7,369 shares.

The business has a 50 day moving average price of $95.40 and a 200-day moving average price of $93.97.

Several institutional investors have recently made changes to their positions in RYU. Citigroup Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 176.3% during the 1st quarter. Citigroup Inc. now owns 315 shares of the company’s stock worth $28,000 after purchasing an additional 201 shares in the last quarter. Capital Advisory Group Advisory Services LLC boosted its stake in Invesco S&P 500 Equal Weight Utilities ETF by 80.0% during the 1st quarter. Capital Advisory Group Advisory Services LLC now owns 900 shares of the company’s stock valued at $80,000 after purchasing an additional 400 shares during the last quarter. Old Port Advisors purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 3rd quarter valued at $210,000. Planning Directions Inc. purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF during the 2nd quarter valued at $242,000. Finally, National Asset Management Inc. boosted its stake in Invesco S&P 500 Equal Weight Utilities ETF by 3.9% during the 2nd quarter. National Asset Management Inc. now owns 3,452 shares of the company’s stock valued at $314,000 after purchasing an additional 131 shares during the last quarter.

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