Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Stock Price Down 1.6% – Time to Sell?

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHSGet Free Report) dropped 1.6% during mid-day trading on Wednesday . The company traded as low as $32.23 and last traded at $32.56. Approximately 325,191 shares changed hands during mid-day trading, an increase of 355% from the average daily volume of 71,436 shares. The stock had previously closed at $33.09.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Performance

The stock has a market cap of $203.50 million, a PE ratio of 17.03 and a beta of 0.59. The business has a 50 day moving average price of $30.45 and a two-hundred day moving average price of $29.97.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

(Get Free Report)

Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.

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