Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $66.77 and traded as high as $68.24. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $68.24, with a volume of 36,730 shares traded.

Invesco S&P 500 Equal Weight Utilities ETF Stock Up 0.6 %

The stock’s 50 day simple moving average is $66.77 and its two-hundred day simple moving average is $70.35. The company has a market cap of $300.26 million, a PE ratio of 17.30 and a beta of 0.71.

About Invesco S&P 500 Equal Weight Utilities ETF

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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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