Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $77.06 and traded as low as $74.42. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $74.85, with a volume of 26,930 shares changing hands.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

The company has a 50-day moving average of $77.06 and a 200-day moving average of $75.00. The stock has a market capitalization of $242.51 million, a price-to-earnings ratio of 18.42 and a beta of 0.55.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

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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.

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