Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Shares Pass Above 50 Day Moving Average – What’s Next?

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $79.92 and traded as high as $80.16. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $79.77, with a volume of 38,403 shares changing hands.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

The firm has a fifty day simple moving average of $79.92 and a two-hundred day simple moving average of $78.78. The firm has a market capitalization of $258.45 million, a P/E ratio of 18.42 and a beta of 0.55.

About Invesco S&P 500 Equal Weight Utilities ETF

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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.

Further Reading

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