Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Trading Up 0.6% – What’s Next?

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report)’s stock price shot up 0.6% on Friday . The company traded as high as $91.3150 and last traded at $88.90. 224,266 shares traded hands during trading, an increase of 165% from the average session volume of 84,640 shares. The stock had previously closed at $88.33.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

The business has a 50 day simple moving average of $82.12 and a 200 day simple moving average of $79.07. The company has a market capitalization of $676.53 million, a price-to-earnings ratio of 13.87 and a beta of 1.60.

About Invesco S&P 500 Equal Weight Energy ETF

(Get Free Report)

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.

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