Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $78.72 and traded as high as $82.12. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $81.51, with a volume of 18,205 shares traded.

Invesco S&P 500 Equal Weight Utilities ETF Stock Up 1.0%

The firm has a market capitalization of $268.86 million, a PE ratio of 18.42 and a beta of 0.55. The firm’s 50-day simple moving average is $78.86 and its 200-day simple moving average is $77.18.

About Invesco S&P 500 Equal Weight Utilities ETF

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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.

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