Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Shares Down 1.9% – Here’s What Happened

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) fell 1.9% during trading on Wednesday . The company traded as low as $56.56 and last traded at $57.82. 371,504 shares were traded during mid-day trading, an increase of 367% from the average session volume of 79,542 shares. The stock had previously closed at $58.92.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

The firm has a market cap of $556.86 million, a P/E ratio of 26.94 and a beta of 1.18. The company’s 50-day moving average is $49.52 and its two-hundred day moving average is $47.33.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Technology ETF (RYT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RYT was launched on Nov 1, 2006 and is managed by Invesco.

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