Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) Stock Price Down 1.5% – Should You Sell?

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD)’s stock price dropped 1.5% during mid-day trading on Friday . The company traded as low as $21.02 and last traded at $21.15. Approximately 73,448 shares were traded during trading, an increase of 216% from the average daily volume of 23,227 shares. The stock had previously closed at $21.47.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Price Performance

The firm has a 50-day moving average of $23.38 and a 200 day moving average of $23.47. The company has a market capitalization of $80.16 million, a PE ratio of 17.52 and a beta of 1.32.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.