Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Shares Up 1.2% – Here’s Why

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) shares shot up 1.2% during mid-day trading on Wednesday . The company traded as high as $29.77 and last traded at $29.5750. 123,402 shares traded hands during trading, an increase of 73% from the average session volume of 71,436 shares. The stock had previously closed at $29.2250.

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

The company has a market capitalization of $183.94 million, a PE ratio of 17.03 and a beta of 0.59. The firm’s fifty day simple moving average is $31.36 and its 200 day simple moving average is $30.05.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.