Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Shares Pass Above Fifty Day Moving Average – Here’s Why

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $75.90 and traded as high as $76.81. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $76.65, with a volume of 66,517 shares trading hands.

Invesco S&P 500 Equal Weight Utilities ETF Stock Down 0.0%

The business’s fifty day moving average is $75.90 and its 200-day moving average is $75.66. The company has a market cap of $248.35 million, a PE 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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