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

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $76.53 and traded as low as $74.74. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $74.78, with a volume of 33,467 shares changing hands.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

The company has a 50-day moving average of $76.53 and a 200 day moving average of $75.21. The company has a market cap of $244.94 million, a PE ratio of 18.42 and a beta of 0.55.

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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