Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $81.72 and traded as low as $80.86. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $81.35, with a volume of 69,641 shares trading hands.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

The company has a market capitalization of $263.57 million, a P/E ratio of 18.42 and a beta of 0.55. The business has a 50 day moving average of $81.72 and a 200-day moving average of $78.64.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

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.