Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) Trading Down 1% – Here’s What Happened

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCDGet Free Report) dropped 1% during trading on Thursday . The stock traded as low as $24.83 and last traded at $24.94. Approximately 165,987 shares changed hands during trading, an increase of 245% from the average daily volume of 48,146 shares. The stock had previously closed at $25.20.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Performance

The firm’s 50-day moving average price is $60.79 and its two-hundred day moving average price is $56.85. The stock has a market cap of $202.51 million, a price-to-earnings ratio of 16.70 and a beta of 1.36.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

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Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.

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