Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Sets New 1-Year High at $86.40

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $86.40 and last traded at $85.51, with a volume of 158310 shares changing hands. The stock had previously closed at $86.08.

Invesco S&P 500 Equal Weight Energy ETF Trading Down 0.7 %

The company has a market cap of $612.25 million, a price-to-earnings ratio of 10.88 and a beta of 1.60. The stock has a 50-day simple moving average of $76.33 and a 200 day simple moving average of $74.92.

Institutional Trading of Invesco S&P 500 Equal Weight Energy ETF

Several hedge funds have recently modified their holdings of RYE. Farther Finance Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF in the second quarter valued at $30,000. Advisory Services Network LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the first quarter worth about $31,000. CWM LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 665.2% during the third quarter. CWM LLC now owns 505 shares of the company’s stock worth $34,000 after buying an additional 439 shares during the period. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the third quarter worth about $37,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the third quarter worth about $55,000.

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.