Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE – Get Free Report) shares dropped 2.5% during mid-day trading on Monday . The stock traded as low as $79.00 and last traded at $79.06. Approximately 57,388 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 84,640 shares. The stock had previously closed at $81.12.
Invesco S&P 500 Equal Weight Energy ETF Stock Down 2.5 %
The firm has a fifty day moving average price of $79.48 and a 200 day moving average price of $78.64. The company has a market cap of $582.68 million, a P/E ratio of 12.22 and a beta of 0.60.
Invesco S&P 500 Equal Weight Energy ETF Company Profile
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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