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

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $75.67 and traded as high as $76.77. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $76.77, with a volume of 38,335 shares trading hands.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

The company has a market capitalization of $248.73 million, a price-to-earnings ratio of 18.42 and a beta of 0.55. The firm’s fifty day moving average price is $75.67 and its 200-day moving average price is $75.82.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

(Get Free Report)

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.

Further Reading

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