Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Shares Up 0.6% – Time to Buy?

Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) shot up 0.6% on Wednesday . The stock traded as high as $62.46 and last traded at $62.06. Approximately 403,727 shares traded hands during trading, an increase of 408% from the average daily volume of 79,542 shares. The stock had previously closed at $61.68.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 1.7%

The firm has a 50-day moving average price of $61.84 and a 200 day moving average price of $52.59. The company has a market cap of $566.71 million, a price-to-earnings ratio of 26.94 and a beta of 1.18.

About Invesco S&P 500 Equal Weight Technology ETF

(Get Free Report)

The Invesco S&P 500 Equal Weight Technology ETF (RYT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RYT was launched on Nov 1, 2006 and is managed by Invesco.

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