Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Shares Down 0.4% – Should You Sell?

Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report) fell 0.4% on Monday . The stock traded as low as $98.27 and last traded at $98.56. Approximately 93,132 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 84,640 shares. The stock had previously closed at $98.99.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

The firm’s 50-day moving average price is $103.61 and its 200-day moving average price is $96.91. The stock has a market cap of $750.04 million, a P/E ratio of 13.87 and a beta of 1.60.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Energy ETF (RYE) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RYE was launched on Nov 1, 2006 and is managed by Invesco.

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